$ONDO /USDT – Bullish Momentum Approaching Key Resistance

ONDO is currently showing a promising bullish trend, trading at around $1.0192, up nearly 3% in the recent period. The price has reached a high of $1.0251, indicating strong buying pressure and a potential breakout from the recent consolidation zone between $0.9837 and $1.0251.

Trade Setup

Entry Zone: $1.0150 – $1.0200 (on confirmation of bullish hold)

Stop Loss: Below $0.9850

Target 1: $1.0500

Final Target: $1.07+

Risk Management

Limit your risk to 1-2% of your capital per trade. Consider securing partial profits near $1.05 and trailing your stop loss to breakeven to safeguard your gains, while aiming for a breakout above $1.07.