From TradingView · · 50s
ONDO Price Range Support and Resistance
ONDO price tests $0.34 support and $0.59 resistance in perpetual contract.
In brief
ONDO price tests $0.34 support and $0.59 resistance in perpetual contract. ONDO price remains between $0.34 support and $0.59 resistance with key levels defining potential market direction. Originally reported by TradingView.
ONDO Price Range
ONDO price action continues to trade within a broader high-timeframe range.
Support Level
Support established around $0.34 and resistance situated near $0.59.
Immediate Focus
Price testing value area high with key region to monitor for continuation or correction.
Bullish Scenario
Maintaining acceptance above value area high may continue consolidation within upper range portion.
Bearish Scenario
Decisive loss of value area high increases probability of deeper corrective move toward $0.34 support.
Resistance Level
$0.59 remains key high-timeframe resistance for potential bullish expansion.
Volume Confirmation
Sustained break above resistance requires increasing volume and continued acceptance at higher prices.
What to remember
ONDO price remains between $0.34 support and $0.59 resistance with key levels defining potential market direction.
