🚨 ONDO BROKE OUT — BUT I’M NOT CHASING IT HERE.

$ONDO just closed an H1 candle at $0.4973, breaking above the important $0.4642 level.

I’m BULLISH, but that doesn’t mean I want to buy immediately.

Why?

The move from around $0.40 → $0.50 happened very fast, and volume exploded. The last three breakout candles had roughly 16.6× the average volume of the previous 20 hours.

That’s strong buying pressure.

But buying at $0.4973 now means chasing price almost 8% above my preferred entry area.

So I’d rather wait.

🟢 MY PLAN

Entry: $0.4550–$0.4642

I want to see ONDO pull back into this old resistance area and prove that buyers are still there.

SL: $0.4270

TP1: $0.5132

TP2: $0.5350

If an H1 candle closes below $0.4270, the bullish idea is invalid for me.

STATUS: BULLISH — BUT NO ENTRY YET.

If ONDO retests and holds, I have a setup.

If it keeps pumping without me, I let it go.

Missing one trade is cheaper than chasing the wrong candle.

Now the interesting part:

👀 Will $0.4642 turn into support — or did late buyers just become exit liquidity?

Paper analysis only. Not financial advice.
$ONDO