ONDO Rejection At Resistance Then Sell-OffONDO / TetherUSBINANCE:ONDOUSDTDukesMarketAnalysisMajor Resistance Holds • ONDO once again failed to close above the key $0.46 resistance zone. • The last two tests of the highs were met with aggressive selling pressure, creating a bearish reaction. Breakout Still At Risk • Price previously broke out of a three-month consolidation range, which was an encouraging development for bulls. • A deeper pullback could see ONDO drift back towards that former range if support begins to fail. Support Becomes Critical • The next key level sits around $0.333, which is also close to the rising 50-Day EMA. • Holding this area would keep the broader recovery structure intact for now. Momentum Has Cooled • RSI has slipped back below 50 while StochRSI remains oversold. • Heavy selling volume appeared near the highs, although volume has eased during the recent decline. In Summary ONDO's rejection at the $0.46 resistance zone has shifted attention back towards support. The failed breakout attempt was accompanied by significant selling pressure, suggesting buyers are not yet ready to push through overhead resistance. While the breakout from the multi-month consolidation remains technically intact, the $0.333 support area now looks critical. A successful defence could keep the recovery alive, but a breakdown would increase the probability of a move back into the former trading range.