As discussed, Ondo is leading the tokenized treasury narrative. The chart is exceptionally strong.
The Chart: ONDO/USDT (Daily Timeframe)
The Breakdown:
Ondo has completed a successful retest of its previous all-time high (ATH). This previous resistance has now flipped into powerful support. The price is forming a classic "cup and handle" pattern (a bullish continuation pattern).
Macro Structure: Bulish.
Indicators: Daily RSI is trending upwards after a healthy reset.
Volume: Accumulation volume is rising on the daily chart.
The Trade Setup (ONDO):
ParameterPrice ZoneRationaleENTRY ZONE$0.95 — $1.05Retest zone of the previous breakout, 4H EMA cross support.TARGET 1$1.15Short-term local resistance and profit-taking.TARGET 2$1.35Key psychological level and Fibonacci extension 1.618.LONG-TERM TARGET$1.75+Macro RWA narrative push.STOP LOSS$0.88Invalidates the bullish structure; daily close below support.$BTC $LITEB $AMDB
