ONDOTrading

#ONDO Update: TP3 Achieved! ✅ Steady Progress Ahead

The current H4 chart for $ONDO shows a neutral stance, with price action consolidating within key zones. While the market remains indecisive, significant levels of resistance and support are clearly defined, offering valuable insights for traders planning their next moves.
Key Resistance Levels:
$1.3660 - $1.4200: These are the primary resistance zones to monitor. A breakout above these levels could signal strong upward momentum and pave the way for bullish continuation.
Key Support Levels:
$1.2950, $1.2500, and $1.1800: These support zones provide crucial safety nets in case of a pullback, offering potential opportunities for reentry.
Trading Insights and Recommendations
💡 Wait for Confirmation:
For those considering long positions, it’s advisable to wait for a daily candle close above $1.3750. This confirmation could validate a potential upward breakout and reduce risk.
📈 Potential Breakout:
Based on current trendlines, there’s a possibility of an upward breakout within the coming days. Staying patient and monitoring volume and price action will be key to capturing this opportunity.
Conclusion:
With TP3 successfully reached, $ONDO continues to show promise, but patience is essential in this phase of consolidation. Watching for confirmed breakouts above resistance levels will help traders capitalize on the next leg of this potential bull run. Stay strategic and ready for the opportunities ahead!
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