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Ondousdtanalysis

ONDOUSDT Is This the Beginning of a Parabolic Run?
BYBIT:ONDOUSDT has demonstrated impressive strength following a decisive breakout above the $1.5 resistance level. Notably, the recent market-wide dump had minimal impact on BINANCE:ONDOUSDT.P , with the previous resistance level now acting as robust support. This resilience, coupled with strong trading volume, suggests underlying bullish momentum. Traders are now eyeing a potential parabolic move towards the $4 target. However, it is crucial to exercise prudent risk management. Implement a strict stop-loss order below the recent swing low to protect profits and mitigate potential losses.

 BITGET:ONDOUSDT Currently trading at $1.68 Buy level: Above $1.5 Stop loss: Below $1.175 Target : $4 Max Leverage 3x Always keep Stop loss Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
Long
by GreenCryptoTrades
1
ONDOUSDT Is a Major Reversal Coming or Will ONDO Drop Further?Yello, Paradisers! Could #ONDOUSDT be setting up for a massive rebound, or is it about to plunge even further? Let’s dive into the chart analysis to find out! 💎#ONDO's price is currently showing signs of a potential downturn, with the likelihood of revisiting the strong demand zone between $0.507 and $0.393. Historically, this demand zone has triggered a significant rebound, with prices surging 60% in just a few days the last time it reached these levels. This suggests a high probability of a similar rebound once ONDO tests this area again. 💎However, there’s a chance ONDO might break out of the descending channel before it revisits this demand zone. If that happens, we could see an upward movement towards our target major resistance levels, bypassing the deeper retracement. 💎If ONDO revisits the demand zone at $0.507 - $0.393, we could see another strong rebound and a potential breakout of the descending channel, leading to significant upward momentum. Bearish Scenario: 💎The bullish outlook becomes invalid if ONDO fails to rebound from the demand zone, particularly if a daily candle closes below $0.393. In this case, the potential for further downward movement becomes very real, and we could see a deeper dip beyond current expectations. Stay focused, patient, and disciplined, Paradisers. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Nathan
2
Is ONDOUSDT Heading for a Major Downturn? Key Levels to Watch!Yello, Paradisers! Are we about to witness a significant move in #ONDOUSDT? Let’s break down the current situation. 💎#ONDO has broken the ascending channel support, indicating a potential bearish momentum. The price recently bounced off the demand zone at 0.9, suggesting a possible upward retest before continuing its downward movement. 💎If the price breaks below the 0.9 demand zone, we could see a further decline towards the strong demand area at 0.687, and potentially even lower to the OB area around 0.48. 💎However, if ONDO manages to reclaim the price above the ascending channel support and breaks the resistance at 1.295, this would invalidate the bearish momentum. In this case, the price has the potential to continue its upward movement. Stay sharp, traders, and keep these critical levels in mind as you navigate the market. MyCryptoParadise iFeel the success🌴
Short
by MyCryptoParadise_Nathan
13