š $ONDO is probing for a short-term rebound near demand pocket.
A continued hold above the lower boundary could allow a recovery push toward the upper structure.
š Technical View:
ā¢ Pattern: Descending channel transitioning into a shallow base
ā¢ Bias: Bullish rebound may develop if support continues to absorb supply
ā¢ Key Level: 0.42ā0.44 support zone and 0.50ā0.52 overhead area
ā Loss of acceptance below the lower channel floor would invalidate the rebound attempt and reopen downside risk.
