ONDO recently posted a 13%+ rally, showing strong bullish momentum. However, the price faced resistance and is now pulling back, likely heading toward a key support zone between $0.85 and $0.78. This level has historically acted as a solid base, and we’re watching for signs of a bullish reversal there.
📉 Retracement Expected
The current rejection suggests a healthy correction. A controlled move back into the support range could offer a high-probability long setup—if buyers step in and price action confirms.
📈 Trade Setup (Spot Long):
• Entry Zone: $0.85 – $0.78
• Targets:
🥇 TP1: $1.13 – $1.32
🥈 TP2: $1.64 – $2.00
• Stop Loss: Daily close below $0.75
📉 Retracement Expected
The current rejection suggests a healthy correction. A controlled move back into the support range could offer a high-probability long setup—if buyers step in and price action confirms.
📈 Trade Setup (Spot Long):
• Entry Zone: $0.85 – $0.78
• Targets:
🥇 TP1: $1.13 – $1.32
🥈 TP2: $1.64 – $2.00
• Stop Loss: Daily close below $0.75
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.