ONDS Token Dips 5% Post-Investor Day Presentation



ONDS took a hit on Friday, sliding 5% following the investor day event. Market participants shouldn't be too caught off guard by this move—the token had built up considerable momentum heading into the presentation, and investor day announcements frequently trigger profit-taking among holders.

The sell-the-news dynamic here is textbook market behavior. Strong pre-event rallies often exhaust buying pressure, leaving the release itself vulnerable to immediate liquidation. Traders are now watching the $11.70 level as a potential support zone that could define the next directional move.

This pullback is worth monitoring closely if you're tracking the token's near-term technical setup.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
BearMarketSurvivorvip
· 7h ago
Selling news is a well-worn tactic. Can it hold up on 11.7?
View OriginalReply0
AirdropHunterKingvip
· 7h ago
Laughing to death, it's the same old story of selling news, a common cliché. I've seen through this trick long ago. We must hold the $11.70 line firmly; if it breaks, it's game over.
View OriginalReply0
MeaninglessGweivip
· 7h ago
It's the same old trick of sell-the-news... should have seen through this routine long ago.
View OriginalReply0
DAOTruantvip
· 7h ago
It's the same old trick again: hype up the market the night before a rally, then run away once it lands. I've seen it happen too many times.
View OriginalReply0
quiet_lurkervip
· 8h ago
Here comes the old trick again... Pump before hype, dump during the announcement. Can $11.70 hold?
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)