$ONDO is sitting at a make or break zone, and the next 4H close could decide the direction. 📊
ONDO is trading around $0.3524 after getting rejected from the $0.3652 high. On the 4H chart, price is below MA(7) at $0.3544 and MA(99) at $0.3586, while MA(25) sits near $0.3507. This shows short-term weakness, but buyers are still defending the $0.349-$0.350 area.
Volume has cooled after the previous push higher, so I would avoid chasing the current candle. The key liquidity zones are around $0.349 support and $0.358-$0.365 resistance.
🟢 LONG SETUP
Entry: $0.3500-$0.3530
TP1: $0.3580
TP2: $0.3650
TP3: $0.3720
SL: $0.3460
Confirmation: 4H close above $0.3586
$ONDO
🔴 SHORT SETUP
Entry: $0.3520-$0.3550
TP1: $0.3490
TP2: $0.3450
TP3: $0.3400
SL: $0.3595
Confirmation: 4H close below $0.3490
My take: I’m watching both sides. A breakout above $0.3586 favors Long, while losing $0.3490 shifts the setup toward Short. Which side are you watching?
$ONDO #ONDO #RWA
#SouthKoreaCryptoTaxDelayPetitionTops50000
ONDO is trading around $0.3524 after getting rejected from the $0.3652 high. On the 4H chart, price is below MA(7) at $0.3544 and MA(99) at $0.3586, while MA(25) sits near $0.3507. This shows short-term weakness, but buyers are still defending the $0.349-$0.350 area.
Volume has cooled after the previous push higher, so I would avoid chasing the current candle. The key liquidity zones are around $0.349 support and $0.358-$0.365 resistance.
🟢 LONG SETUP
Entry: $0.3500-$0.3530
TP1: $0.3580
TP2: $0.3650
TP3: $0.3720
SL: $0.3460
Confirmation: 4H close above $0.3586
$ONDO
🔴 SHORT SETUP
Entry: $0.3520-$0.3550
TP1: $0.3490
TP2: $0.3450
TP3: $0.3400
SL: $0.3595
Confirmation: 4H close below $0.3490
My take: I’m watching both sides. A breakout above $0.3586 favors Long, while losing $0.3490 shifts the setup toward Short. Which side are you watching?
$ONDO #ONDO #RWA
#SouthKoreaCryptoTaxDelayPetitionTops50000
