$ONDO Analysis:
$ONDO is breaking out of a textbook falling wedge on the 4H timeframe. Price defended the structural base at $0.28450 - $0.28922 with expanding volume and printed a decisive bullish candle through descending resistance. Holding above this pivot confirms continuation toward upper targets.
Open Interest is building steadily ($24.46M) while funding remains negative to neutral (-0.0059%), showing aggressive shorts are crowding at support and vulnerable to a squeeze.
🎯 Entry: $0.29057 (Zone: $0.28450 - $0.28922)
🏆 Targets: TP1 $0.35267 | TP2 $0.38040 | TP3 $0.41923 | TP4 HOLD
$ONDO is breaking out of a textbook falling wedge on the 4H timeframe. Price defended the structural base at $0.28450 - $0.28922 with expanding volume and printed a decisive bullish candle through descending resistance. Holding above this pivot confirms continuation toward upper targets.
Open Interest is building steadily ($24.46M) while funding remains negative to neutral (-0.0059%), showing aggressive shorts are crowding at support and vulnerable to a squeeze.
🎯 Entry: $0.29057 (Zone: $0.28450 - $0.28922)
🏆 Targets: TP1 $0.35267 | TP2 $0.38040 | TP3 $0.41923 | TP4 HOLD
