๐ด #ONDO Long Liquidation: $92.58K at $1.35036!
A staggering $92,580 long position on $ONDO has just been liquidated at $1.35036, shaking the market and signaling intense selling pressure.
This major liquidation has left bulls scrambling as the price edges toward a critical support zone.
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๐ Key Levels to Watch
Support: $1.30 โ A must-hold level to avoid further downside.
Resistance: $1.40 โ Bulls need to reclaim this zone to regain control.
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๐ฎ What's Next?
1. Bearish Scenario: A break below $1.30 could send the price tumbling toward $1.20.
2. Bullish Rebound: If support holds at $1.35, a rally back to $1.40 or higher is possible.
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๐ฏ Trading Strategy:
For Bears: Look for a clean break below $1.30 for a potential short trade.
For Bulls: Wait for confirmation of support and a breakout above $1.40 before entering long positions.
The market is on edgeโbrace yourself for high volatility and quick moves!
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