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Let' analyse ONDOUSDT:
ONDO is approaching a potential breakout level after maintaining structure above its long-term support trendline. The price is currently consolidating near resistance, forming a setup that could trigger a major move.
Key Highlights:
* Strong ascending support trendline holding since 2023
* Breakout level around $0.94
* Bullish breakout could target $1.75 and $2.39, aligned with previous impulse projections
* Key support remains near $0.65–0.66 (green zone)
A breakout and retest confirmation above $0.94 would validate the bullish scenario. Until then, patience and confirmation remain key.
If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments, and feel free to request any specific chart analysis you’d like to see.
Happy Trading!!
In-depth market analysis
Accurate trade setups
Early access to trending altcoins
Life-changing profit potential
Let' analyse ONDOUSDT:
ONDO is approaching a potential breakout level after maintaining structure above its long-term support trendline. The price is currently consolidating near resistance, forming a setup that could trigger a major move.
Key Highlights:
* Strong ascending support trendline holding since 2023
* Breakout level around $0.94
* Bullish breakout could target $1.75 and $2.39, aligned with previous impulse projections
* Key support remains near $0.65–0.66 (green zone)
A breakout and retest confirmation above $0.94 would validate the bullish scenario. Until then, patience and confirmation remain key.
If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments, and feel free to request any specific chart analysis you’d like to see.
Happy Trading!!
Trade active
ONDO has broken out of the triangle after struggling within the red channel, which acted as the breakout zone.Now, ONDO is on its way to hitting the 1st TP! 🚀
Trade closed: target reached
ONDO made several attempts for a daily close above this zone, but strong selling pressure remains evident.A clean daily close above the lower red zone could propel the price toward the upper liquidity zone (upper red zone)
A retest could take the price towards the marked red line.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.