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$ONDO / USDT: Institutional 1H Breakout Expansion & Key Resistance Retest
The 1-Hour (1H) chart for
$ONDO /USDT displays a strong V-shaped bullish recovery following an liquidity sweep down to the $0.3643 structural demand floor. An aggressive impulse candle pushed price through the 1H MA(99) to reach a local high of $0.3866 before consolidating around $0.3837.
📊 Market Bias: Bullish (Impulsive Trend Reclamation)
Trend Analysis: ONDO has reclaimed a bullish market structure on the 1H timeframe. Price sits firmly above all three primary dynamic moving average baselines—1H MA(7) ($0.3782), MA(25) ($0.3733), and MA(99) ($0.3791)—confirming that institutional buyers have resumed structural control following a higher-low consolidation phase.
🎯 Trade Setup: LONG (On Retest / FVG Mitigation)
Action: LONG on a controlled pullback into dynamic MA support and the local mitigation block.
Entry Zone: $0.3760 – $0.3810 (Confluence with 1H MA(7)/MA(99) dynamic support cluster)
Stop Loss (SL): $0.3620 (Below the $0.3643 swing low structural floor)
Take Profit 1 (TP1): $0.3966 (Immediate Local Swing High / BSL Sweep)
Take Profit 2 (TP2): $0.4200 (Mid-Term Structural Extension Target)
Take Profit 3 (TP3): $0.4500 (Macro Liquidity Target Zone)
Risk:Reward (R:R): ~1:2.4 (to TP2)
Trade Invalidation: A sustained 1H candle close below $0.3620 invalidates the immediate bullish continuation structure.
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