ONDS has surged 62% over the past week, though it's now facing headwinds after hitting resistance on Thursday and Friday. The token is currently testing two critical overhead zones: the 2021 battle zone ceiling sits at $14.09, while an upsloping trendline converges around $14.60. On the flip side, the major support level to watch is $11.70—notably close to where the 10-day EMA is trading near $11.75. A pullback and retest of this support would be fairly typical after such a strong rally, potentially offering another entry point for buyers looking to add positions.
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ONDS has surged 62% over the past week, though it's now facing headwinds after hitting resistance on Thursday and Friday. The token is currently testing two critical overhead zones: the 2021 battle zone ceiling sits at $14.09, while an upsloping trendline converges around $14.60. On the flip side, the major support level to watch is $11.70—notably close to where the 10-day EMA is trading near $11.75. A pullback and retest of this support would be fairly typical after such a strong rally, potentially offering another entry point for buyers looking to add positions.