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【$ONDO Signal】Empty position, wait for downward momentum confirmation
$ONDO Price decline accompanied by high open interest, market logic suggests caution against main force distribution risk. The current chart lacks clear buy absorption signals, and the downtrend has not been confirmed as over.
🎯 Direction: Empty position
Wait for price action to provide clearer signals: 1) a volume-supported break below key support to confirm continued decline; or 2) strong buy absorption accompanied by decreasing open interest, forming a reversal pattern. Currently, it is advisable to observe and let the market determine its own direction.
Trade 👇 $ONDO
here
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