๐ ONDO Breakout Alert โ 80%+ Potential Incoming?! ๐๐ฅ
Hey Traders! If you're all about high-conviction plays and real alpha, smash that ๐ and tap Follow for more setups that actually deliver! ๐น๐ฏ
ONDO has officially broken out of a long-term falling wedge, a classic bullish reversal pattern. After months of compression and lower highs, price has finally pushed above the resistance line โ signaling a potential trend reversal is in play. ๐
๐น Entry: CMP (~$0.87)
๐น Targets: $1.20 / $1.42 / $1.63
๐น Stop-loss: $0.772
๐น RR Ratio: Excellent risk-to-reward setup
๐น Leverage: Use low to moderate (Max 5x)
๐ง Trade Idea:
With volume slowly picking up and structure breakout confirmed, this setup could offer big upside potential. Spot entries also look attractive for mid-term accumulation.
๐ฌ Drop your thoughts or charts below โ letโs ride this one smart and together! ๐
Hey Traders! If you're all about high-conviction plays and real alpha, smash that ๐ and tap Follow for more setups that actually deliver! ๐น๐ฏ
ONDO has officially broken out of a long-term falling wedge, a classic bullish reversal pattern. After months of compression and lower highs, price has finally pushed above the resistance line โ signaling a potential trend reversal is in play. ๐
๐น Entry: CMP (~$0.87)
๐น Targets: $1.20 / $1.42 / $1.63
๐น Stop-loss: $0.772
๐น RR Ratio: Excellent risk-to-reward setup
๐น Leverage: Use low to moderate (Max 5x)
๐ง Trade Idea:
With volume slowly picking up and structure breakout confirmed, this setup could offer big upside potential. Spot entries also look attractive for mid-term accumulation.
๐ฌ Drop your thoughts or charts below โ letโs ride this one smart and together! ๐
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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.