Ondo
Updated

ONDO/USDT – 15M Fibonacci Play | Bounce or Drop?

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ONDO is reacting around the 50% retracement level with two clear scenarios in play. The market is balancing between a potential bullish breakout toward equal highs or a bearish continuation into unmitigated demand.

Bullish Scenario:

Hold above P1D Low (~0.9750)

Break strong high (~1.0150) → Target Equal Highs (~1.0850) for liquidity sweep

Bearish Scenario:

Fail to hold P1D Low → Break equal lows (~0.9580)

Continue drop into OB / Unmitigated Demand (~0.9350) from the left side

Key Levels:
🟢 P1D Low: 0.9750
🔴 Equal Highs: 1.0850
🟢 OB Zone: 0.9350

💬 Which way do you see ONDO moving from the 50% zone — up to equal highs or down to demand?

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