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ONDO Token Holds Strong at $1 Support Amid Market Volatility
ONDO Token Holds Strong at $1 Support Amid Market Volatility
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ONDO News -
ONDO shows remarkable resilience in a bearish market, holding steady at $1.01 despite a 3.96% daily drop. Technical indicators remain bullish—MACD signals positive momentum at 0.0028, while the token trades comfortably above key moving averages.
Analysts highlight the lack of token-specific catalysts, interpreting this stability as a sign of strong institutional backing. With an RSI of 56.62, ONDO sits in neutral territory, leaving room for upside as market conditions improve.
Traders are closely monitoring the $1 psychological level. ONDO's ability to maintain this support during sector-wide consolidation suggests underlying strength, potentially offering strategic entry points for investors betting on the next market rally.
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