$ONDO Long Liquidation Alert Massive long liquidation of $1,161.9K spotted at $0.9052 — the whales just got shaken out. This could be the perfect storm for smart entries.
Technical Analysis:
Current Price Action: $ONDO just flushed below key support near $0.9052, triggering heavy long liquidations. This level now becomes a critical zone to watch.
Volume Spike: High sell volume hints at capitulation — often a signal that a reversal may follow.
RSI: Entering oversold territory, suggesting a potential bounce if support holds.
Buy Zone:
$0.8750 to $0.9100 — ideal entry for swing traders. Watch for consolidation or bullish candles around this zone.
Targets:
Target 1: $0.9550 (first resistance)
Target 2: $1.0150 (previous support turned resistance)
Target 3: $1.0950 (major breakout point)
Stop-Loss:
$0.8580 — tight enough to manage risk, wide enough to survive fakeouts.
Strategy Insight: This kind of liquidation flush can mark the bottom when retail panic meets whale shakeout. Patience and timing here could mean catching the next leg up.
#ONDO/USDT #MarketRebound
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