🔷️ In our previous analysis, the focus was on whether $ONDO could defend the green support region after completing a deep correction following its strong rally. Since then, buyers have managed to stabilize price above that area and prevent a deeper breakdown.
📉 While the recovery attempts have so far remained limited, the recent structure suggests selling pressure is no longer as aggressive as it was during the initial correction phase.
🟢 The green support zones continue to define the foundation of the current setup, while 🟡 the yellow regions above remain the key areas that would come back into focus if momentum begins to improve.
Compared to the previous setup, the market has shifted from defending support to attempting to build a base above it. The next reaction around this region could provide important clues about ONDO's next directional move.
⚠️ Not financial advice.
#ONDO #RWA #DeFi #Altcoins #Crypto
