$ONDO is showing strong momentum with nearly a 50% surge, suggesting aggressive buying interest has entered the market.
Market insight: the move is impressive, but extended rallies often require consolidation before another leg higher.
Trade point: look for a retest of the breakout area rather than entering after a vertical candle.
If buyers defend support, momentum traders may continue targeting higher resistance zones.
TG1: 0.1950
TG2: 0.2050
TG3: 0.2200
Invalidation: losing the breakout support would weaken the bullish setup and increase pullback risk.
#GoldRises #AIFearsSink10SP500StocksOver40%
Market insight: the move is impressive, but extended rallies often require consolidation before another leg higher.
Trade point: look for a retest of the breakout area rather than entering after a vertical candle.
If buyers defend support, momentum traders may continue targeting higher resistance zones.
TG1: 0.1950
TG2: 0.2050
TG3: 0.2200
Invalidation: losing the breakout support would weaken the bullish setup and increase pullback risk.
#GoldRises #AIFearsSink10SP500StocksOver40%