⚡ $ONDO TO 1.00? FIRST COMES THE BREAKOUT AND RETEST.
Price remains below the major descending trendline, with rising support underneath.
The bullish scenario requires a confirmed breakout, followed by a retest that holds the trendline as support.
The projected retest sits near 0.48, depending on when the breakout develops.
Holding above it would bring 0.58–0.61 into focus, followed by historical resistance at 0.68–0.73 and 0.88–0.94.
The larger objective is the 0.98–1.03 supply region, aligning with the 2.0 Fibonacci extension near 0.98.
Reaching 1.00 would represent approximately 131% upside from 0.4321.
A failed retest would weaken the continuation setup.
Price remains below the major descending trendline, with rising support underneath.
The bullish scenario requires a confirmed breakout, followed by a retest that holds the trendline as support.
The projected retest sits near 0.48, depending on when the breakout develops.
Holding above it would bring 0.58–0.61 into focus, followed by historical resistance at 0.68–0.73 and 0.88–0.94.
The larger objective is the 0.98–1.03 supply region, aligning with the 2.0 Fibonacci extension near 0.98.
Reaching 1.00 would represent approximately 131% upside from 0.4321.
A failed retest would weaken the continuation setup.
