$ONDO looks bearish after breaking below a key support zone, signaling a potential shift in market structure. The breakdown suggests sellers are gaining control, while buying pressure continues to weaken.

Price is now trading in a vulnerable area where further downside acceleration is possible. Any short-term relief bounce that fails to reclaim the lost support could strengthen the bearish case and open the door for another leg lower.

I'm tracking this closely. If momentum remains weak and the breakdown holds, a notable dump could follow as market participants react to the loss of support.

For now, the bias remains bearish until the chart shows a convincing recovery above the breakdown level.