ONDO is currently reacting at a Rejection Block sitting near the P1D Low. Price action here will decide whether we see a strong bullish bounce or continuation to new lows.
Bullish Scenario:
Hold above rejection block (~0.9710–0.9750)
Break strong high (~1.0150) → Push toward equal highs (~1.0850) and possibly P1D High (~1.1100)
Bearish Scenario:
Fail to hold rejection block → Break strong low (~0.9600)
Sell-off could extend toward 0.9300 support zone
Key Levels:
🟢 Rejection Block: 0.9710–0.9750
🔴 Strong High: 1.0150
🟢 Strong Low: 0.9600
💬 Do you expect ONDO to bounce from this rejection block or break to fresh lows? Let’s hear your view.
Bullish Scenario:
Hold above rejection block (~0.9710–0.9750)
Break strong high (~1.0150) → Push toward equal highs (~1.0850) and possibly P1D High (~1.1100)
Bearish Scenario:
Fail to hold rejection block → Break strong low (~0.9600)
Sell-off could extend toward 0.9300 support zone
Key Levels:
🟢 Rejection Block: 0.9710–0.9750
🔴 Strong High: 1.0150
🟢 Strong Low: 0.9600
💬 Do you expect ONDO to bounce from this rejection block or break to fresh lows? Let’s hear your view.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.