OONDO/USDT – 3D Chart Analysis (Fractal-Based Outlook)
🔰 Pattern Recognition & Fractal Analysis:
▪️ ONDO previously broke out from a falling wedge pattern in late Q4 2024, resulting in a +268% rally.
▪️ Current price action mirrors that historical fractal, again forming a descending channel with strong demand visible around the $0.60–$0.45 zone — marked as a High Accumulation Zone.
🔰 Current Market Structure:
▪️ Price has respected the descending resistance trendline and now shows signs of breakout attempt.
▪️ A recent bullish engulfing candle near the lower boundary of the accumulation zone suggests potential reversal.
▪️ Volume is picking up, aligning with previous breakout volume behavior.
🔰 Key Technical Zones:
▪️ Accumulation Zone: $0.60 – $0.45
▪️ Immediate Resistance: $1.20 (psychological)
▪️ Breakout Confirmation: Weekly close above $1.30
▪️ Fibonacci Extensions:
1.618 Fib Target: $2.18
2.618 Fib Target: $2.68
Final Bullish Extension: $4.05–$5.00 zone
🔰 Future Projection (Fractal Repeat):
▪️ If breakout mirrors previous fractal, expect ~266% upside — targeting $2.60+ in the next 2–3 months.
▪️ Intermediate pullbacks likely near $1.50 and $2.20 due to historical liquidity zones.
⚠️ Risk Management Note:
▪️ Invalidity below $0.45. If price fails to hold the current range, possible revisit to $0.30–$0.25 range.
▪️ Traders should monitor for volume confirmation and potential bullish divergence on LTFs (Lower Timeframes).
📌 For more real-time analysis, stay tuned. More fractal setups dropping soon.
🔰 Pattern Recognition & Fractal Analysis:
▪️ ONDO previously broke out from a falling wedge pattern in late Q4 2024, resulting in a +268% rally.
▪️ Current price action mirrors that historical fractal, again forming a descending channel with strong demand visible around the $0.60–$0.45 zone — marked as a High Accumulation Zone.
🔰 Current Market Structure:
▪️ Price has respected the descending resistance trendline and now shows signs of breakout attempt.
▪️ A recent bullish engulfing candle near the lower boundary of the accumulation zone suggests potential reversal.
▪️ Volume is picking up, aligning with previous breakout volume behavior.
🔰 Key Technical Zones:
▪️ Accumulation Zone: $0.60 – $0.45
▪️ Immediate Resistance: $1.20 (psychological)
▪️ Breakout Confirmation: Weekly close above $1.30
▪️ Fibonacci Extensions:
1.618 Fib Target: $2.18
2.618 Fib Target: $2.68
Final Bullish Extension: $4.05–$5.00 zone
🔰 Future Projection (Fractal Repeat):
▪️ If breakout mirrors previous fractal, expect ~266% upside — targeting $2.60+ in the next 2–3 months.
▪️ Intermediate pullbacks likely near $1.50 and $2.20 due to historical liquidity zones.
⚠️ Risk Management Note:
▪️ Invalidity below $0.45. If price fails to hold the current range, possible revisit to $0.30–$0.25 range.
▪️ Traders should monitor for volume confirmation and potential bullish divergence on LTFs (Lower Timeframes).
📌 For more real-time analysis, stay tuned. More fractal setups dropping soon.
Twitter: twitter.com/CryptoPatel
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Twitter: twitter.com/CryptoPatel
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.