#ONDOUSDT – Likely further decline
On the 4-hour timeframe chart, the stock price of
$ONDO is oscillating within a wedge pattern after a strong sell-off, which is a typical continuation of the downward trend. The price is currently in the middle of the wedge and may rise toward the resistance level, which we are closely monitoring to identify potential selling opportunities. Other indicators also suggest a sell signal: breaking the support level with a target of approximately $0.256.
Join us for more chart analyses, buy requests, discussions, and much more – click follow on our profile page.