🔷️ Defending The Base: $ONDO Consolidates For The Next Move 🧱
Taking a fresh look at the daily structure for #ONDO following its clean breakout from the descending purple wedge. After securing that major structural shift, the asset has transitioned into a natural and healthy consolidation phase.
Currently, price action is resting precisely on the upper green support layer. We can see buyers actively defending this critical floor, attempting to establish a firm higher low. Maintaining this specific zone is essential for keeping the broader bullish momentum alive. 🛡️
As long as this green demand base holds strong, the structural foundation remains intact for a potential continuation. The immediate challenge for the bulls will be absorbing seller liquidity and pushing through the overhead yellow resistance layers to ignite the next upward expansion. 🌊
⚠️ Not financial advice.
#ONDO #Crypto #Altcoins #Trading
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1September 4, 2026 3.4K 1
