What happened:
After the low back in June at 0.62, ONDO delivered a 100% rally. As expected after such a move, the price corrected and then settled into a range.
Key question:
Is this strong bounce from support the beginning of the next leg up?
Why I’m bullish:
• The recent reversal from support shows buyers are defending the structure.
• The first leg up measured a clean 100% move, and the current setup mirrors that strength.
• By extension, a second leg of similar length could take ONDO above 1.50.
Trading plan:
• I remain bullish as long as 0.80 holds.
• A continuation from here would confirm that the range is resolved to the upside, opening the path to 1.50+.
Bottom line:
ONDO combines strong fundamentals in tokenized real assets with a healthy technical picture. Support is clear and the potential reward above 1.50 is on the table. 🚀
After the low back in June at 0.62, ONDO delivered a 100% rally. As expected after such a move, the price corrected and then settled into a range.
Key question:
Is this strong bounce from support the beginning of the next leg up?
Why I’m bullish:
• The recent reversal from support shows buyers are defending the structure.
• The first leg up measured a clean 100% move, and the current setup mirrors that strength.
• By extension, a second leg of similar length could take ONDO above 1.50.
Trading plan:
• I remain bullish as long as 0.80 holds.
• A continuation from here would confirm that the range is resolved to the upside, opening the path to 1.50+.
Bottom line:
ONDO combines strong fundamentals in tokenized real assets with a healthy technical picture. Support is clear and the potential reward above 1.50 is on the table. 🚀
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.