ONDO's current price is 0.836. The daily level has built a typical descending wedge structure, and the possibility of a trend reversal is gradually brewing.
Prices have rebounded strongly by more than 22%, and are currently approaching the critical resistance area to test the effectiveness of the breakthrough.
If it can break through in large volume and stand firmly on the wedge upper track, it will be expected to establish the effectiveness of this round of reversal and end the downward trend that has lasted for several months.
Once it successfully stabilizes above the resistance level, ONDO is expected to start a new round of upward cycle and enter a trend recovery stage. The performance in the future is worthy of continuous attention.
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