Ondo’s team-linked wallet deposited 4.019 million ONDO tokens worth approximately $1.4 million into Coinbase after receiving 20 million tokens the previous day. This Coinbase-bound inflow contrasted with exchange outflows reaching roughly $1.09 million on August 9th, when withdrawals exceeded deposits. ONDO’s price held around $0.352, just above the 0.618 Fibonacci support at $0.3450, with RSI weakened at 43.84. A decisive loss of this support would expose the next level at $0.3224, while defending it could enable recovery toward $0.3608. Liquidation clusters concentrate precisely around the $0.343-$0.345 zone, adding significance to this technical test.
Source: Read the original article
