$ONDO /USDT

{spot}(ONDOUSDT)

Price Movement: The current price is $0.9525, reflecting a +2.38% increase over the last 4 hours. However, the price has experienced a recent decline from a higher peak, suggesting a potential short-term correction or consolidation phase.

Trend: The chart shows a prior upward trend with higher highs and higher lows, but the recent drop indicates a possible reversal or profit-taking. The price is nearing a support level around $0.9243 (24h low).

Volume: There’s a noticeable spike in volume during the recent price peak, followed by a decline, which often signals reduced buying interest and potential selling pressure.

Performance: Over the last 7 days, the price is down -10%, but it’s up 24.09% over 30 days, indicating a longer-term bullish trend with short-term volatility.

Indicators: The Volume SMA shows increased activity around key price movements, but without additional technical indicators (e.g., RSI or MACD), it’s hard to confirm overbought/oversold conditions.