⚪ $ONDO: THE BASE IS BUILT. NOW COMES THE TEST.
ONDO has pushed above local descending resistance and into the $0.55–0.60 zone.
The weekly candle is still open. A close above $0.60, followed by a successful retest, would strengthen the case for $0.68–0.75.
Clear that, and $0.85–0.90 becomes the next checkpoint, followed by historical supply around $1.05–1.17.
On a pullback, I’m watching $0.43–0.49 for support. Lose $0.43, and a deeper test of $0.33–0.40 becomes possible.
The yellow path is a conditional scenario, with corrections along the way.
Nothing is guaranteed. Do Your Own Research.
ONDO has pushed above local descending resistance and into the $0.55–0.60 zone.
The weekly candle is still open. A close above $0.60, followed by a successful retest, would strengthen the case for $0.68–0.75.
Clear that, and $0.85–0.90 becomes the next checkpoint, followed by historical supply around $1.05–1.17.
On a pullback, I’m watching $0.43–0.49 for support. Lose $0.43, and a deeper test of $0.33–0.40 becomes possible.
The yellow path is a conditional scenario, with corrections along the way.
Nothing is guaranteed. Do Your Own Research.
