ONDO Breaks Out! Are We Heading Toward a Major Rally?

4 hari lalu

Yello, Paradisers! Is #ONDO primed for a major rally? After struggling to overcome its breakout resistance, #ONDOUSDT has now broken out of its accumulation band, signaling a resurgence in bullish momentum. This previous resistance is now shaping up to be a solid support, adding to the bullish outlook.

💎With price consolidating above the breakout level of $0.87, bulls have a chance to aim higher. In the near term, ONDO may make a move toward the $1.00 mark, with further targets at the $1.10 to $1.20 range. These levels could trigger some profit-taking given their historical significance, so keep an eye on price action here.

💎However, if bullish momentum persists, we could see ONDO climb toward the strong resistance range at $1.40 to $1.50 levels. Strong rounds of profit-taking are expected around this resistance range.

💎Currently, ONDO is attempting to secure the $0.87 to $0.83 zone back as strong support. If bulls can maintain control here, it would confirm this support transformation, reinforcing the bullish structure.

Stay sharp, Paradisers! With key levels in play, patience and disciplined strategies will be critical to capture the upside while managing risk.

MyCryptoParadise
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