Full Analysis of #ONDO /USDT Cryptocurrency (1 day chart, 07/09/2024)
1. Price Forecast
Short-Term Forecast: The price is showing signs of short-term consolidation between $0.55 and $0.60. The asset is likely to remain in this range in the coming days until a significant upward or downward momentum appears.
Medium-Term Forecast: In the medium term, a decline to levels around $0.50 is possible, as the overall dynamics and chart structure indicate a potential continuation of the downtrend. However, a rebound is possible upon breaking through key resistances above $0.60. â ïžGeneral Conclusion
Based on technical and on-chain analysis, the bearish scenario prevails. While a short-term bounce is possible, the overall picture points to further declines to $0.50 and below.đANALYSIS âĄïž âïž @INVESTIDEAUA INVESTIDEAUA
