#ONDO/USDT#ONDO
The price is moving within a descending channel pattern on the 1-hour frame and is expected to rise after it has been largely committed to it
We have a downtrend on the RSI indicator that is expected to break upwards and we have a tendency to stabilize above it
We have a major support level in green at a price of 0.9200
We have a tendency to stabilize above the moving average 100
Entry price 0.9300
First target 0.9613
Second target 0.9925
Third target 1.03
Ondousdc
Is ONDOUSDT About to Skyrocket or Dive?Yello Paradisers! Are you prepared for what could be the next big move in #ONDOUSDT? This coin has been in a downtrend for several days, but recent developments hint at a possible trend reversal.
💎#ONDO has made a significant internal structure break, indicating a potential shift from the downtrend. The previous resistance zone has flipped into support, and ONDO is now sitting just above the crucial support/resistance level at 1.07-1.032.
💎ONDO has had multiple taps at the descending resistance trend-line and has recently broken out successfully, retested, and is now sitting above it.
💎If the volume holds, ONDO has the probability to move towards minor trendline resistance at 1.20. Beyond that, it may face resistance at 1.29-1.345.
💎On the daily time frame, if ONDO fails to hold momentum and closes a candle below 0.963, it could signal a continuation of the downtrend, making the recent breakout a fakeout.
Stay alert and trade smart. Discipline, patience, and robust strategies are key to navigating these potential market moves. Let’s see where ONDOUSDT heads next!
Remember, Paradisers, patience and discipline are key. Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. This is the only way to succeed in your crypto trading journey.
MyCryptoParadise
iFeel the success🌴
#ONDO/USDT Trade Setup! Entry, SL and Target!#ONDO is breaking out on the daily chart! A retest is likely, targeting the yellow box.
Best entry: $0.75 to $0.85
Aggressive entry: $0.85 to $0.96
Target: 50% to 100%
Stop Loss: $0.6811 (Since the SL is significantly lower than the current market price, keep your position small and consider adding more on dips if you like the setup.)
The strategy is to enter slowly and always keep your leverage low.
This applies to every setup I share.
DYOR, NFA
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Thank you
#PEACE