ONDO Ready to Explode? Bulls Pushing for a Major Breakout!
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Yello, Paradisers! While most altcoins are struggling, #ONDOUSDT is showing incredible strength despite the ongoing market correction. But the big question is—can it break through resistance and rally higher? Let’s break it down!
💎#ONDO is currently forming what looks like an ascending triangle, a bullish pattern that signals a potential breakout. The price has been steadily climbing, but bulls now face a decisive resistance at $1.55–$1.60. This level is the neckline of the pattern, meaning a strong breakout here could send prices flying toward higher targets.
💎If ONDO manages to break out with strong volume, the next strong resistance lies at $1.84–$1.90—right around the recent 52-week high. Some short-term profit-taking could happen at this level, but if bulls push through, $2.10–$2.20 becomes the next major target, which aligns with the full pattern breakout projection.
💎On the downside, ONDO has strong support levels to hold the trend. The first support sits at $1.33–$1.295, reinforced by an ascending trendline. Just below, the EMA-250 adds another layer of protection against deeper corrections. Even if sellers gain momentum, ONDO enjoys a solid strong support at $1.18–$1.12, a key demand zone capable of absorbing heavy selling pressure.
Stay sharp, Paradisers! The market doesn’t forgive emotional decisions stick to the plan and execute like a pro!
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Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.