ONDO remains bearish on the 1-hour timeframe, with price currently developing a corrective wave structure after the previous impulsive decline. The current advance appears corrective rather than the start of a new bullish impulse, suggesting sellers still have the higher probability.
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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.