$ONDO | THE NEXT MOVE COULD BE DECIDED BY BUYER CONFIDENCE
I'm keeping ONDO on my radar after Binance recorded a $1.7603K short liquidation at $0.2981.
Although the liquidation amount is relatively modest compared with some of the other alerts, it still highlights pressure on short positions.
What I want to see now is whether ONDO can build on this move instead of losing momentum immediately.
The $0.2981 area is an important reference for this setup. Sustained trading above it could support another attempt toward nearby resistance.
Levels to monitor:
Support:
S1: $0.2950
S2: $0.2900
Resistance:
R1: $0.3050
R2: $0.3120
Potential Entry:
$0.3050–$0.3070 after a confirmed breakout and retest.
Stop Loss:
Below $0.2980.
Profit Targets:
TP1: $0.3100
TP2: $0.3160
TP3: $0.3250
If ONDO fails to maintain $0.2950, I'll become more cautious about the recovery idea. A breakdown could invalidate the bullish setup and bring additional selling pressure.
My approach is simple: wait for confirmation, manage exposure, and avoid emotional entries.
This is my personal market view, not financial advice.
$ONDO
#USSpotXRPETFsSeeLargestWeeklyOutflowIn8Months #USPPIMissMayEaseBTCPressure #BitcoinActiveSupplyInProfitDropsBelow45% #TradFiForBeginners #WhoWillSucceedJensenHuangatNvidia?
I'm keeping ONDO on my radar after Binance recorded a $1.7603K short liquidation at $0.2981.
Although the liquidation amount is relatively modest compared with some of the other alerts, it still highlights pressure on short positions.
What I want to see now is whether ONDO can build on this move instead of losing momentum immediately.
The $0.2981 area is an important reference for this setup. Sustained trading above it could support another attempt toward nearby resistance.
Levels to monitor:
Support:
S1: $0.2950
S2: $0.2900
Resistance:
R1: $0.3050
R2: $0.3120
Potential Entry:
$0.3050–$0.3070 after a confirmed breakout and retest.
Stop Loss:
Below $0.2980.
Profit Targets:
TP1: $0.3100
TP2: $0.3160
TP3: $0.3250
If ONDO fails to maintain $0.2950, I'll become more cautious about the recovery idea. A breakdown could invalidate the bullish setup and bring additional selling pressure.
My approach is simple: wait for confirmation, manage exposure, and avoid emotional entries.
This is my personal market view, not financial advice.
$ONDO
#USSpotXRPETFsSeeLargestWeeklyOutflowIn8Months #USPPIMissMayEaseBTCPressure #BitcoinActiveSupplyInProfitDropsBelow45% #TradFiForBeginners #WhoWillSucceedJensenHuangatNvidia?