$ONDO is sitting right on a major weekly support zone after a loONDO / TetherUS PERPETUAL CONTRACTBINANCE:ONDOUSDT.PCryptoSkullSignalONDO is sitting right on a major weekly support zone after a long downtrend. This area has acted as a strong base before, so it's an important level to watch. The first hurdle is the descending trendline, followed by the 50 EMA and 99 EMA. If price can reclaim those levels and hold above them on the weekly timeframe, it would be a strong sign that momentum is shifting back in favor of the bulls. As long as this support holds, the recovery setup remains valid. But if the weekly support breaks and price closes below it, expect more downside before any meaningful reversal. Patience is key here—the weekly close will matter much more than short-term moves.