🚨 ONDO BROKE OUT — BUT I’M NOT CHASING IT HERE.
$ONDO just closed an H1 candle at $0.4973, breaking above the important $0.4642 level.
I’m BULLISH, but that doesn’t mean I want to buy immediately.
Why?
The move from around $0.40 → $0.50 happened very fast, and volume exploded. The last three breakout candles had roughly 16.6× the average volume of the previous 20 hours.
That’s strong buying pressure.
But buying at $0.4973 now means chasing price almost 8% above my preferred entry area.
So I’d rather wait.
🟢 MY PLAN
Entry: $0.4550–$0.4642
I want to see ONDO pull back into this old resistance area and prove that buyers are still there.
SL: $0.4270
TP1: $0.5132
TP2: $0.5350
If an H1 candle closes below $0.4270, the bullish idea is invalid for me.
STATUS: BULLISH — BUT NO ENTRY YET.
If ONDO retests and holds, I have a setup.
If it keeps pumping without me, I let it go.
Missing one trade is cheaper than chasing the wrong candle.
Now the interesting part:
👀 Will $0.4642 turn into support — or did late buyers just become exit liquidity?
Paper analysis only. Not financial advice.
$ONDO
$ONDO just closed an H1 candle at $0.4973, breaking above the important $0.4642 level.
I’m BULLISH, but that doesn’t mean I want to buy immediately.
Why?
The move from around $0.40 → $0.50 happened very fast, and volume exploded. The last three breakout candles had roughly 16.6× the average volume of the previous 20 hours.
That’s strong buying pressure.
But buying at $0.4973 now means chasing price almost 8% above my preferred entry area.
So I’d rather wait.
🟢 MY PLAN
Entry: $0.4550–$0.4642
I want to see ONDO pull back into this old resistance area and prove that buyers are still there.
SL: $0.4270
TP1: $0.5132
TP2: $0.5350
If an H1 candle closes below $0.4270, the bullish idea is invalid for me.
STATUS: BULLISH — BUT NO ENTRY YET.
If ONDO retests and holds, I have a setup.
If it keeps pumping without me, I let it go.
Missing one trade is cheaper than chasing the wrong candle.
Now the interesting part:
👀 Will $0.4642 turn into support — or did late buyers just become exit liquidity?
Paper analysis only. Not financial advice.
$ONDO
