$ONDO: Bullish Momentum Accelerates as $ONDO Liquidity Sweep Completes
LONG SETUP ONDO
Entry: $0.49020 - $0.49100
Stop Loss: $0.47200
Take Profit: $0.52780 (2R)
Key Levels: Support $0.49010 | Resistance $0.50100
Technical Analysis for $ONDO: Price sits just above the 1hour support at 0.4901, hugging the EMA200 (0.4887) and trading above the 9 and 21EMA, confirming bullish bias. MACD histogram is positive and rising. RSI and Stochastic are near overbought, a caution flag. A break above 0.501 would validate the upside; watch for a dip below 0.490 as a risk.
Market Context: BTC is in a bearish 4hour trend, while the overall market breadth is broadly positive (63 % green).
LONG $ONDO
LONG SETUP ONDO
Entry: $0.49020 - $0.49100
Stop Loss: $0.47200
Take Profit: $0.52780 (2R)
Key Levels: Support $0.49010 | Resistance $0.50100
Technical Analysis for $ONDO: Price sits just above the 1hour support at 0.4901, hugging the EMA200 (0.4887) and trading above the 9 and 21EMA, confirming bullish bias. MACD histogram is positive and rising. RSI and Stochastic are near overbought, a caution flag. A break above 0.501 would validate the upside; watch for a dip below 0.490 as a risk.
Market Context: BTC is in a bearish 4hour trend, while the overall market breadth is broadly positive (63 % green).
LONG $ONDO