$ONDO Pressing Key Resistance – Breakout Incoming or Another Fade?
$ONDO is trading at $0.9132, sitting right under a resistance zone after a modest recovery off the $0.9100 base. Volume remains steady, and bulls are showing interest—but they need to clear the ceiling for continuation.
Key Levels to Watch:
Resistance Zones:
• $0.9158 – Immediate resistance (local cap)
• $0.9210 – Next breakout level if momentum picks up
Support Zones:
• $0.9100 – Intraday support
• $0.9020 – Secondary support zone
• $0.8741 – 24H low and critical reversal zone
Trade Setup – Both Sides on Watch:
Bullish Entry:
If price breaks and holds above $0.9158, look for upside targets:
• TP1: $0.9210
• TP2: $0.9340
Bearish Entry:
A drop below $0.9100 could lead to further retracement:
• TP1: $0.9020
• TP2: $0.8740
Stop-Loss:
• For longs: below $0.9100
• For shorts: above $0.9165
