$ONDO 27% breakout is holding the higher range, but 0.5414 remains the key resistance
$ONDO is trading around 0.5287 after a strong 27.09% 24h move, with nearly $899M in 24h volume showing heavy market participation.
On the 15m chart, price remains above the Supertrend at 0.5061, keeping the short-term structure bullish. However, SAR is sitting at 0.5404 and price is still below the 0.5414 swing high, so this area is the main breakout test.
Trading view:
Bullish above 0.5200–0.5060
Breakout confirmation above 0.5414
TP1: 0.5475
TP2: 0.5600
TP3: 0.5800
Support: 0.5200 / 0.5060
Invalidation: sustained 15m close below 0.5060
RSI at 53.5 leaves room for another move higher, while MACD is still slightly negative, meaning momentum needs confirmation. I would avoid chasing directly into 0.5414; a clean breakout and retest would provide a stronger continuation signal.
Future signal: If ONDO reclaims 0.5414 with strong volume and holds the level on a retest, continuation toward 0.56–0.58 becomes technically possible. A rejection followed by a loss of 0.5200 could send price back toward the Supertrend.
Educational analysis only, not financial advice.
#ONDO #ONDOUSDT #CryptoTrading #Altcoins #BinanceSquare $ONDO
$ONDO is trading around 0.5287 after a strong 27.09% 24h move, with nearly $899M in 24h volume showing heavy market participation.
On the 15m chart, price remains above the Supertrend at 0.5061, keeping the short-term structure bullish. However, SAR is sitting at 0.5404 and price is still below the 0.5414 swing high, so this area is the main breakout test.
Trading view:
Bullish above 0.5200–0.5060
Breakout confirmation above 0.5414
TP1: 0.5475
TP2: 0.5600
TP3: 0.5800
Support: 0.5200 / 0.5060
Invalidation: sustained 15m close below 0.5060
RSI at 53.5 leaves room for another move higher, while MACD is still slightly negative, meaning momentum needs confirmation. I would avoid chasing directly into 0.5414; a clean breakout and retest would provide a stronger continuation signal.
Future signal: If ONDO reclaims 0.5414 with strong volume and holds the level on a retest, continuation toward 0.56–0.58 becomes technically possible. A rejection followed by a loss of 0.5200 could send price back toward the Supertrend.
Educational analysis only, not financial advice.
#ONDO #ONDOUSDT #CryptoTrading #Altcoins #BinanceSquare $ONDO