$ONDO Facing Key Resistance – Will Bulls Break Through?
$ONDO is currently trading at $1.0220, showing signs of strength after reclaiming short-term support. However, it’s now bumping into a tough resistance zone. A breakout or a rejection here could set the next big move.
Key Levels to Watch:
Resistance Zone:
• $1.0300 – $1.0500
A clean breakout above this zone could open the path toward higher targets quickly.
Support Zone:
• $1.0100 – $0.9950
Losing this zone could flip momentum bearish and push price lower.
Trade Setup – Ready for Action:
Bullish Scenario:
Entry on confirmed breakout above $1.0500
• TP1: $1.0700
• TP2: $1.0900
• Stop-Loss: Below $1.0100
Bearish Scenario:
Entry on breakdown below $1.0100
• TP1: $0.9950
• TP2: $0.9750
• Stop-Loss: Above $1.0300
Volume spikes are increasing—expect volatility! Trade with confirmed moves only, and stick to tight stop-losses.
