Daily close 0.3664 −10.33% on the day
The day in one sentence
Ondo closed the day between support 0.3611 and resistance 0.4221. A daily close above 0.4221 opens the way to no daily level on that side; below 0.3611, to 0.3230.
Ondo today: up or down? Two paths from the daily levels · each needs a daily close
Not financial advice
Ondo closed at 0.3664 today after opening at 0.4086, on volume 1.43 times the average. Open interest fell 14.39 percent, a sign that many futures positions were closed. Price now rests on support at 0.3611–0.3652. A daily close above 0.4221 would clear resistance and restore the uptrend. A daily close below 0.3611 would break support and point toward 0.3230.
Support and resistance today
- Support 0.3611 1.4% below the close
- Resistance 0.4221 15.2% above the close
The bigger picture
The daily trend is down, and price slipped under the 200-day average at 0.4014. Resistance at 0.4114–0.4221 sits just above that average. The support band at 0.3611–0.3652 has been tested twice.
What to watch
Watch whether 0.3611 holds now that many futures positions have been closed. That can reduce pressure, though a bounce is far from certain.
Frequently asked questions
What are the support and resistance levels for Ondo today?
On the daily chart, the nearest support is 0.3611 and the nearest resistance is 0.4221.
Is Ondo up or down today?
Ondo closed the day at 0.3664, −10.33%. The daily trend is down. A daily close beyond 0.3611 or 0.4221 is what would change that picture.
What happens if Ondo closes above 0.4221?
A daily close above resistance 0.4221 (15.2% above the close) opens the way to no daily level on that side.
What happens if Ondo closes below 0.3611?
A daily close below support 0.3611 (1.4% below the close) opens the way to 0.3230.