$ONDO USDT — Long
Current price: 0.4999 | Change: +0.54%
Gradually reclaiming lost ground from the low of 0.47, with support levels rising higher and higher. Former resistance levels have now become “stepping stones.” The recovery hasn’t been especially fast, but each step is steadier than the last. The decline has largely halted, and signs of a rebound are becoming increasingly clear.
Direction: Long
Entry range: 0.495–0.502
Stop loss: 0.485
Take-profit 1: 0.515
Take-profit 2: 0.530
Take-profit 3: 0.550
Why go long? The price fell 12% over the past week, and most of the selling pressure has likely run its course. It’s unrealistic to expect a quick return to previous levels, but the upside potential and probability of a move higher are clearly greater than the downside risk. The risk is manageable, so it’s worth a try. #Binance