🟢 $ONDO /USDT — LONG SETUP 📈

$ONDO is showing a bullish structure on the higher timeframes, with BTC also providing a supportive backdrop. I’m watching the $0.5036–$0.5054 area for a potential continuation higher.

📍 Entry: $0.5035761 – $0.5054239
🛑 SL / Invalidation: $0.4843155

🎯 TP1: $0.5196384
🎯 TP2: $0.5297306
🎯 TP3: $0.5448690

📊 Why LONG?
• Daily → price above EMA50 and EMA200, bullish stack
• 4h → bullish EMA50/EMA200 structure
• 1h RSI → 58.4, buyers still have momentum
• BTC trend → bullish
• BTC correlation → 0.66
• 4/12 signals aligned, 8 undecided

The bigger picture favors the upside, but conviction remains moderate. I’d rather see ONDO hold the entry zone than chase an extended move.

⚠️ $0.4843155 is the key invalidation level. A break below it would weaken the long thesis.

Would you enter on a retest of $0.5036–$0.5054 or wait for a fresh breakout? 👀

$ONDO 👇