Three days ago I said $0.3781 was the line in the sand for $ONDO.


Price hit $0.4870 intraday and pulled back hard.
Now we are at $0.3934 with the 200 MA sitting at $0.3734.
The retest is happening right now.
This is the most important candle close to watch this week.
A daily close above $0.3734 keeps the higher low structure intact and the 200 MA reclaim valid.
A daily close below it resets the entire setup and puts $0.30 back in play.
Nothing in between.
What the chart is showing right now.
4H MACD crossed bullish.
RSI at 59.85 with room to continue.
Volume on the pullback is lower than the breakout candle.
Sellers have not shown up with conviction yet.
But the close is what matters. Not the intraday price.
Do not let the narrative do the technical work for you.
Clearstream, Deutsche Börse, Broadridge, Franklin Templeton.
The fundamentals are real.
The partnerships are real.
But the chart has to confirm what the institutions have already decided.
Watch the daily close.
$0.3734 is still the only number that matters tonight.
ONDO-9.32%
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