📢 $ONDO / $USDT | 🟢 LONG | ⭐ 75.5%
🎯 Objective: $0.3757. Does it hit it?
🎯 Trading levels:
🟢 Entry: $0.3617
🛑 Stop Loss: $0.3533
🏁 TP1: $0.3757
🏁 TP2: $0.3785
🏁 TP3: $0.3841
📈 Analysis:
The asset $ONDO shows a bullish multi-timeframe alignment, with price consolidating above the EMA20 (20-period exponential moving average) and an ADX of 36.41 confirming a trend with structural strength. The RSI at 64.4 suggests buying momentum without yet being in an overbought zone, while the bullish MACD crossover reinforces the continuation of the move after the confirmed triple-bottom pattern.
⚖️ Risk/Reward: 1:1.67
⏱️ Timeframe: 1H
📐 Technical confidence: 5/5
The thesis remains valid as long as price holds above $0.3533, the key invalidation level. A sustained break of the immediate resistance at $0.3624 with increased volume will validate the target toward TP3.
Do you think the current buy absorption will be enough to break the $0.3624 resistance?
💡 This analysis is for educational purposes only and is not financial advice. Do your own research and decide calmly.
#crypto #ONDO #trading #Futures #Bullish
🎯 Objective: $0.3757. Does it hit it?
🎯 Trading levels:
🟢 Entry: $0.3617
🛑 Stop Loss: $0.3533
🏁 TP1: $0.3757
🏁 TP2: $0.3785
🏁 TP3: $0.3841
📈 Analysis:
The asset $ONDO shows a bullish multi-timeframe alignment, with price consolidating above the EMA20 (20-period exponential moving average) and an ADX of 36.41 confirming a trend with structural strength. The RSI at 64.4 suggests buying momentum without yet being in an overbought zone, while the bullish MACD crossover reinforces the continuation of the move after the confirmed triple-bottom pattern.
⚖️ Risk/Reward: 1:1.67
⏱️ Timeframe: 1H
📐 Technical confidence: 5/5
The thesis remains valid as long as price holds above $0.3533, the key invalidation level. A sustained break of the immediate resistance at $0.3624 with increased volume will validate the target toward TP3.
Do you think the current buy absorption will be enough to break the $0.3624 resistance?
💡 This analysis is for educational purposes only and is not financial advice. Do your own research and decide calmly.
#crypto #ONDO #trading #Futures #Bullish
