ONDS has been holding up well in this short-term uptrend. What's notable is the absence of consecutive large red candles, which typically signals sustained buying pressure. Come Monday, we should keep an eye out for a potential bounce scenario.
The key level to watch would be around $8.35—that upsloping support line. A pull back there before reversing higher would fit the pattern nicely and confirm the strength of this move.
That said, if weakness persists and we break below that support, we'd likely see a retest of deeper levels. The technical setup is still bullish, but conviction matters. Watch the volume and candlestick structure closely—they'll tell you whether buyers are stepping in or if distribution is underway.
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· 14h ago
Holding that 8.35 line firmly is key, otherwise we'll face a new round of dumping drama.
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PretendingSerious
· 14h ago
Is the 8.35 threshold really that critical? It feels like this kind of support line analysis is just hindsight analysis.
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MysteryBoxBuster
· 14h ago
8.35 this critical level really can't hold... good brothers are now betting on a rebound.
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SwapWhisperer
· 14h ago
We must hold this 8.35 level, or else on Monday we might get crushed.
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DeFi_Dad_Jokes
· 14h ago
If you strictly hold this 8.35 line, then you can consider taking action; otherwise, it's just a fake breakout.
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ShadowStaker
· 14h ago
volume's been sus lately tho... hard to trust this pump without real distribution data
ONDS has been holding up well in this short-term uptrend. What's notable is the absence of consecutive large red candles, which typically signals sustained buying pressure. Come Monday, we should keep an eye out for a potential bounce scenario.
The key level to watch would be around $8.35—that upsloping support line. A pull back there before reversing higher would fit the pattern nicely and confirm the strength of this move.
That said, if weakness persists and we break below that support, we'd likely see a retest of deeper levels. The technical setup is still bullish, but conviction matters. Watch the volume and candlestick structure closely—they'll tell you whether buyers are stepping in or if distribution is underway.