$ONDO — The 3D chart is showing a large symmetrical triangle, with price compressing between descending resistance and rising support.
The setup becomes especially interesting if $BTC remains stable and ONDO breaks above the upper trendline.
Key levels I’m watching:
Triangle support → bullish structure
MA50 → key risk-management level
$0.65 area → major resistance
Breakout above the triangle → potential move toward higher levels
I’m not chasing the breakout here. I’m watching how price behaves as the triangle approaches its apex.
If ONDO breaks out with confirmation, this could become a much bigger move.
Entry Zones
$0.35–$0.37 near rising triangle support
Confirmation: $0.41–$0.42 after a confirmed breakout and retest of the upper trendline
Major resistance: $0.65
For a cleaner setup, I prefer the $0.41–$0.42 breakout/retest entry because it confirms the triangle breakout rather than assuming it will happen.
Are you waiting for the breakout, or accumulating before confirmation?
Trade Here👇 #TradingStrategies💼💰 #Trading
The setup becomes especially interesting if $BTC remains stable and ONDO breaks above the upper trendline.
Key levels I’m watching:
Triangle support → bullish structure
MA50 → key risk-management level
$0.65 area → major resistance
Breakout above the triangle → potential move toward higher levels
I’m not chasing the breakout here. I’m watching how price behaves as the triangle approaches its apex.
If ONDO breaks out with confirmation, this could become a much bigger move.
Entry Zones
$0.35–$0.37 near rising triangle support
Confirmation: $0.41–$0.42 after a confirmed breakout and retest of the upper trendline
Major resistance: $0.65
For a cleaner setup, I prefer the $0.41–$0.42 breakout/retest entry because it confirms the triangle breakout rather than assuming it will happen.
Are you waiting for the breakout, or accumulating before confirmation?
Trade Here👇 #TradingStrategies💼💰 #Trading