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Now, let’s dive into this chart analysis:
ONDO has dropped nearly 66% from its all-time high and is currently holding support at $0.652. With the recent rebound and the current price at $0.758, ONDO is likely to reach the resistance trendline at $0.902.
A breakout above the resistance trendline will signal a further bullish move. ONDO must maintain the support level to keep the price steady. We will re-analyze the chart if the price closes below the support trendline.
Key levels:
- Support: $0.652 - Primary Resistance: $0.902 - Target: $1.49 (All-Time High) - Invalidation: A daily close below $0.652
DYOR, NFA.
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