Markets· ★★· bearish·

ONDO Falls 2.02% to $0.462, Tests Short-Term Moving Averages

  • —Price at $0.4619, down 2.02% daily, up 40.39% over 30 days
  • —Below SMA-7 at $0.4817, SMA-15 at $0.4856 and SMA-30 at $0.4705, above SMA-50 at $0.4260
  • —Daily volume of $230.6 million is 22.52% below the 30-day average
  • —RSI at 49.0 and a negative MACD histogram point to weak momentum
Why it matters: A short-term pullback within a still-positive monthly trend, with below-average volume failing to confirm heavy selling.
#ONDO
Source: DiarioBitcoin
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