#ONDOUSDT expecting further upside

150
📉 LONG ONDOUSDT.P from $1.4891
🛡 Stop Loss: $1.4667

✅ Overview:
➡️ ONDOUSDT.P is trading in a consolidation range, forming a local support level around $1.3705.
➡️ POC (Point of Control) is at $1.3631, indicating the area with the highest trading volume.
➡️ The price has broken a resistance zone and is now testing it as support, which could be a long entry signal.
➡️ If the asset holds above $1.4048, an upward move towards the next resistance levels is likely.

⚡ Plan:
➡️ Entering a long position at $1.4891 after confirming a hold above the key level of $1.4048.
➡️ Stop-loss is set at $1.4667, below the recent support zone.
➡️ Expecting a bullish push with a target of $1.5699.

🎯 TP Targets:
💎 TP 1: $1.5699 – the first target level where partial profit-taking is recommended.
💎 TP 2: $1.6000

📢 ONDOUSDT.P shows signs of potential growth, but it’s crucial to monitor the $1.4048 level – a breakdown below could lead to further decline.
📢 Volume remains at an average level, indicating possible position accumulation before a move.
📢 To confirm a strong uptrend, price must hold above $1.4891 and successfully test the $1.5699 resistance level.

🚀 ONDOUSDT.P is shaping a bullish scenario — expecting a breakout and further upside!

Penafian

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