ONDO is nearing the critical Fibonacci golden zone between $0.28 and $0.32 following a controlled correction from the $0.47 resistance level. Currently trading around $0.3455, the token's movement suggests a structured pullback rather than a breakdown, with the golden zone acting as a potential decision point for market direction.
Market activity is increasing, which could accelerate the correction if traders continue to adjust positions. However, the presence of a $1.28 million liquidity cluster near $0.45 suggests that if a reversal occurs at the golden zone, ONDO could target this area again. The outcome depends on whether buyers can defend the support zone and stabilize momentum.
ONDO Approaches Key $0.28–$0.32 Support Zone Amid Correction
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