Markets· ★★· bearish·

ONDO rebounds 6.6% from $0.41 low but remains down 10% on the week

  • —ONDO is up 6.6% from its $0.41 low but down 10% on the week
  • —Altcoin market cap including ETH fell from $1.13 trillion to $1.05 trillion
  • —Spot BTC ETFs saw $228.4 million in net outflows on October 12–16
  • —Key support sits at $0.404; a daily close below would flip the swing structure bearish
Why it matters: A break below $0.404 would turn ONDO's daily structure bearish, with recovery hinging on a bitcoin reversal.
Source: TokenPost