ONDO Analysis | NewYork SessionONDO / TetherUSBINANCE:ONDOUSDTCONVEXA_Acdaemy🌆 Good evening, everyone! Let’s take a look at today’s New York Session together. 📊🔥 🙂 We’re looking at ONDO on the 1H timeframe. 📉 ONDO remains bearish on the higher timeframes as well. After breaking its trendline, the price failed to move higher as expected and was rejected from the $0.3411 resistance, followed by a significant correction. 🧩 After finding support around $0.3287, ONDO formed a lower high at $0.3341 and has now reached an important support level at $0.3230. ⚠️ A break below $0.3230 accompanied by increasing volume could trigger further downside toward the $0.3058 area. 🎯 If that scenario plays out, we’ll need to closely monitor ONDO’s reaction around $0.3058, particularly how price behaves around its previous trendline, which could now act as a potential resistance area. ⏱️ If you’re trading on the 4H timeframe, it’s better to wait for ONDO to reach the next support level after the $0.3230 breakdown and then exit to your position. 📌 However, given the current market conditions and Bitcoin’s range-bound structure, our preference is to trade ONDO on the 1H timeframe or lower. 💰 Once the trade reaches an R/R of 2, consider taking partial profits and securing the position. 🔎 After that, we’ll wait for ONDO’s next reaction and reassess the market structure before making another decision. The choice is yours. Trade the data, not the emotion. 🧠📊 🎯 CONVEXA Academy Not financial advice.