$ONDO is back at $0.36, and I think this is a pretty important moment for the chart.
Not because it's about to explode tomorrow.
But because buyers are being tested right now.
Look at the weekly structure.
After a long downtrend, $ONDO started forming higher lows and managed to push toward $0.60.
That rally got rejected.
Now price is back at rising support.
And this is where things get interesting.
If buyers defend $0.35, I want to see another attempt at $0.60.
Break $0.70, and the path toward $1.12 starts looking much better.
$1.40+ is my aggressive bull case.
The chart even outlines a 402% upside scenario from its marked base.
But none of those targets matter if support breaks.
The next few weekly candles could tell us a lot.
I'm watching $ONDO closely.
Not because it's about to explode tomorrow.
But because buyers are being tested right now.
Look at the weekly structure.
After a long downtrend, $ONDO started forming higher lows and managed to push toward $0.60.
That rally got rejected.
Now price is back at rising support.
And this is where things get interesting.
If buyers defend $0.35, I want to see another attempt at $0.60.
Break $0.70, and the path toward $1.12 starts looking much better.
$1.40+ is my aggressive bull case.
The chart even outlines a 402% upside scenario from its marked base.
But none of those targets matter if support breaks.
The next few weekly candles could tell us a lot.
I'm watching $ONDO closely.
