The post ONDO Technical Analysis Mar 23 appeared on BitcoinEthereumNews.com.

ONDO is approaching critical supports at the $0.25 level; the strong buyer zone around $0.2325 could be tested, while downward momentum is weakening with RSI at 41.67. The rejection at $0.2598 in resistances is reinforcing the downtrend. Current Price Position and Critical Levels ONDO is positioned in a short-term downtrend at its current $0.25 price and trading below EMA20 ($0.26). With a 24-hour loss of 3.18%, the price squeezed in the $0.24-$0.26 range is giving a bearish Supertrend signal on the 1D timeframe. In multi-timeframe (MTF) analysis, 10 strong levels were identified: 2 supports/1 resistance on 1D, 1 support/3 resistances on 3D, and 1 support/3 resistance confluences on 1W. Volume remains at a moderate level of $26M, RSI at 41.67 not approaching oversold but indicating momentum loss. The price has moved away from the broader structure’s $0.3364 upside target and is exposed to $0.1286 downside risk; the overall downtrend carries liquidity hunt potential. Support Levels: Buyer Zones Primary Support $0.2325 (Strength Score: 68/100): This level stands out as a major order block (OB) on the 1W timeframe and has been tested 4 times in the last 3 months, showing strong buyer reaction. High-volume wicks (e.g., 15% rejection in the 3D candle) combine with Fibonacci 0.618 retracement and EMA50 confluence. Historically, institutional buying has been observed at this OB; a break could trigger $0.1286 downside, with invalidation on a daily close below $0.2325. MTF confluence: 1D/3D support cluster forms a liquidity pool, where big players may be targeting stop hunts. Secondary Support and Stop Levels $0.2407 (Strength Score: 63/100): Short-term secondary support, defined as a 1D supply/demand zone; rejected in the last 24 hours at the $0.24 low with volume increase. Forms dynamic support with EMA20 ($0.26), but fragile due to low node in volume profile (low volume area). Invalidation level…

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Filed under: News - @ March 23, 2026 3:59 am