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ONDO broke below the rising trendline and is now retesting a key resistance zone around the previous support area. The recent bounce looks weak, and price is struggling to reclaim the breakdown level. As long as ONDO stays below this resistance zone, the structure remains bearish and a move towards lower levels looks likely. This retest area is acting as the decision point right now. Entry around current resistance zone. Invalidation above the recent high/resistance area. Target towards the lower support region shown on the chart. If rejection confirms here, downside momentum can accelerate quickly.
↓ ShortOpenCrypto
Live P&L
Loading P&L…entry 0.4076
Entry0.4076
Target0.2675
Stop0.42
R/R11.3
May 13, 2026, 8:03 AM·Mkt $0.3987 at post
✓ Entry in line with market at post (2% off).
Trade Timeline
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