bear market just started for ONDO ?

2024年7月5日

ONDO / USDT

Price has lost the trendline that saved the price in bullish status for months

Daily /weekly close below that trendline will confirm the bearish view on HTF

invalidation: easy if comes back above it again

Best of wishes

2024年7月5日

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Important note :

For more safety
Wait the daily /weekly close to confirm bearish or bullish view

If the drop fully absorbed it can indicate potential bottom

If it rejects on retest the bearish view will confirm

2024年7月11日

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Update :

price dropped 20% without any leverage
(We gained alot in a short trade)

Currently price is testing the trendline again
The next big move will depend on rejection or acceptance here

2024年8月2日

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Deep correction and about to reach first support area

2024年8月5日

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Update :
Insane Dump
And 2nd support reached