ONDO bounced 6.6% from its $0.41 low on Sunday, but was still down 10% over the past week. The altcoin market cap including Ethereum fell nearly 8% from $1.13 trillion to $1.05 trillion, while Bitcoin spot ETFs saw net outflows of $228.4 million from October 12th to 16th. On the daily chart, $0.404 is a critical support level whose breach would invalidate the bullish structure, with the RSI signaling increasing bearish momentum. A buying opportunity exists with nearby invalidation, but sellers hold the momentum advantage in the short term.
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