ONDO

Current Situation: The price of OND is at $1.9689, showing a downward movement after a local peak. The chart highlights liquidity levels and areas of interest for potential entries.

Important Levels

Support:

$1.9418 (23.6% Fibonacci) – key zone for the first reaction.

$1.8141 (38.2% Fibonacci) – strong support level with possible bounce.

$1.7725 – deep retracement zone marked for limit orders.

Resistance:

$2.0768 – nearest target for the retracement movement.

$2.1482 – upper limit for profit taking after a breakout.

Strategy: The main scenario is a retracement to the zones of $1.9418 or $1.8141 with possible volume accumulation. Limit buys around $1.7725 could provide the ideal entry point during a deep correction.