ONDO falls 6.16% to test technical support levels
- —Daily decline of 6.16%; down 23.89% over 30 days and 44.13% year-on-year
- —Volume of $118.1 million is 55.82% below the 30-day average
- —RSI at 39.2 and negative MACD point to seller pressure
- —Key supports at $0.4047 and the 200-day SMA at $0.3670
Why it matters: A break below the $0.367 200-day SMA would open the door to deeper losses, while reclaiming the 90-day SMA would be the first sign of recovery.
Source: DiarioBitcoin