ONDOUSDT SPOT
Panjang

ONDO/USDT — Descending Triangle at a Critical Zone!

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🔎 Pattern & Structure Analysis

ONDO/USDT is currently forming a Descending Triangle pattern, where:

Lower Highs are consistently forming (yellow descending trendline).

Horizontal support in the 0.78–0.95 USDT demand zone has been tested multiple times since early 2025.

This structure reflects increasing selling pressure, while buyers keep defending the demand zone.


Historically, a descending triangle leans toward a bearish continuation, but a strong breakout can flip the bias into a bullish reversal.

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🟢 Bullish Scenario

If price manages to break and close daily above the descending trendline + 1.022 USDT with strong volume, upside targets open:

Target 1: 1.109 USDT (+21.6%)

Target 2: 1.206 USDT (+32.3%)

Target 3: 1.411 USDT (+54.8%)

Major Target: 1.802 – 2.04 USDT (potential >100% rally if momentum extends).


📌 Key confirmation: breakout should be followed by a successful retest to confirm strength and avoid false breakouts.

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🔴 Bearish Scenario

If price breaks down below 0.78 USDT, the descending triangle confirms as a bearish continuation. Downside targets are:

Target 1: 0.6216 USDT (previous swing low, −31.9%).

Target 2: 0.50 USDT (psychological level).

Extended Target: 0.42–0.45 if bearish momentum accelerates.


📌 Note: The more times support is tested without a significant bounce, the weaker it becomes.

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📌 Technical Insights

Volume: essential for confirmation — weak volume may lead to fakeouts.

Retest: both bull and bear scenarios should be confirmed by a clean retest.

Momentum: RSI on daily remains neutral, giving room for either side to take control.

Market structure: until a breakout above 1.109 or breakdown below 0.78, price remains compressed inside the triangle.

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🎯 Conclusion

ONDO/USDT is at a make-or-break level.

Bullish → Daily close above 1.022–1.109 could trigger upside toward 1.20–1.41.

Bearish → Daily close below 0.78 could drag price to 0.62 or lower.


⚠️ Descending triangles statistically favor the downside, but confirmation with daily close + volume is key. Always wait for validation before positioning.

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ONDO is consolidating inside a Descending Triangle near the 0.78–0.95 demand zone. The price is at the tip of the structure, preparing for a major move.

Bullish → Daily close above 1.022–1.109 → upside targets 1.20–1.41.

Bearish → Breakdown below 0.78 → downside targets 0.62, then 0.50.

This is a decisive zone. Watch for confirmation with volume and retests before taking entries.

#ONDO #ONDOUSDT #Crypto #TechnicalAnalysis #CryptoTrading #ChartPattern #DescendingTriangle

Penafian

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