ONDO Price Shows Hints of Potential Rebound Amidst Selling Pressure

While facing ongoing selling pressure, the ONDO price shows signs of potential recovery as key indicators suggest a possible rebound. The TD Sequential indicator on the 12-hour chart has flashed multiple buy signals, indicating a possible reversal in trend. Analysts believe this is fueled by liquidity buildup within the $0.75-$0.82 range and potential breakout above that level could trigger a bullish move. However, bulls need to reclaim the $0.82 mark for a sustained rally towards $1.00+, while failure to hold support could see ONDO drop toward $0.5688.