ONDO is retracing alongside broader market weakness and is approaching a key support zone around $0.95, which previously acted as a breakout base. This area now presents a potential high-reward swing trade if buyers step in to defend the level.
🔹 Entry Zone:
$0.95 (critical horizontal support & potential demand zone)
🎯 Take Profit Targets:
🥇 $1.15 – $1.25 (prior local highs and resistance)
🥈 $1.40 – $1.55 (macro range extension)
🛑 Stop Loss:
Just below $0.83 (breakdown below previous structural low)
🔹 Entry Zone:
$0.95 (critical horizontal support & potential demand zone)
🎯 Take Profit Targets:
🥇 $1.15 – $1.25 (prior local highs and resistance)
🥈 $1.40 – $1.55 (macro range extension)
🛑 Stop Loss:
Just below $0.83 (breakdown below previous structural low)
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Related publications
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.