$ONDO Signal】Short position + decline accompanied by abnormal open interest



$ONDO Price decline accompanied by high open interest, market logic suggests caution for long liquidation or main force distribution risk. The current chart lacks a clear bottom absorption structure, and price action is relatively weak.

🎯 Direction: Short position

Waiting for clearer price action signals. The current decline with high open interest indicates a high-risk stage. Prioritize observing whether the price can form healthy absorption and a decrease in open interest at key support zones (such as 0.25-0.26). Until then, risk outweighs opportunity.

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ONDO-7,57%
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