Trading Signals for $ONDOUSDT
Action: Sell
Entry Range: Current Price
SL (Stop Loss): $1.7162313
TP (Take Profit): 10%-30%
🥂 Trade Here👇
🚨 Note: Trade at your own risk; this signal is not guaranteed. Always DYOR (Do Your Own Research).
The ONDO token is showing significant bearish momentum, with a -7.76% drop in the past day and a notable decrease in trading volume (-39.49% in 24h). Market sentiment suggests a potential continued decline in price, supported by a high Vol/Mkt Cap ratio of 14.84%, indicating short-term speculative activity.
ONDO's all-time high was $2.14 just six days ago, meaning current levels represent a 20.16% decline, making it a candidate for short-term selling to capture profits if further correction occurs. However, it’s important to monitor the $1.60 support level closely, as a break below this could accelerate bearish trends.
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