Downward Situation After New High of $ONDO
The price range of ONDO shows significant market volatility, with a high-low difference of nearly 0.2, indicating considerable instability in the current market.
As it stands, bears should dominate, and the sudden rise and fall shown by Boll makes me chuckle.
Since the new high, ONDO's 4h RSI seems to want to go downward, but there is a mysterious force in control.
Can the retail investors win this battle?
Resistance: 1.81+2.01
Support: 1.594+1.516
Bullish Suggestions:
Entry: 1.6±0.2 to stabilize
Target: 1.712+1.794+ 0.3 below the two resistances
Stop Loss: 1.5717
Bearish Suggestions:
Entry: 1.71 in case of a pullback from resistance
Target: 1.615+1.535
Stop Loss: 1.773
