$ONDO Cooling Off After a Surge – Pullback or Just a Pause?
ONDO/USDT is currently trading at $1.0098, after hitting a peak of $1.0500. Price has pulled back slightly from the highs but still holds above key support. Bulls may be regrouping for another leg up—or this could mark the beginning of a short-term correction.
Key Levels to Watch:
• Resistance: $1.0240 – A breakout above this could fuel a rally toward $1.0500 and $1.0720.
• Support: $1.0050 – A break below this level may lead to a drop toward $0.9870 and $0.9620.
Trade Setup – Brace for High Volatility
Bullish Scenario:
• Entry: On a confirmed move above $1.0240
• TP1: $1.0500
• TP2: $1.0720
Bearish Scenario:
• Entry: On a breakdown below $1.0050
• TP1: $0.9870
• TP2: $0.9620
Stop-Loss: Use tight stops near the breakout/breakdown zones to control risk in this volatile zone.
