Massive Long Liquidation on $ONDO !
$3,035.5 Liquidated at $1.0363 – The Whale Exit or Bull Trap?
The Market Just Gave Us a Clue… Are You Watching Closely?
$ONDO has just witnessed a huge long liquidation, dumping over $3K in a single wick at $1.0363. Panic or opportunity? Let's decode it:
Technical Analysis & Strategy:
Buy Zone (Accumulation Area):
$1.000 - $1.045
Strong support building here after liquidation. Smart money likely reloading.
Next Bullish Targets:
TP1: $1.12
TP2: $1.18
TP3 (Major Breakout Zone): $1.25
Watch volume around these levels for confirmation!
Stop-Loss:
$0.978 (Below liquidation wick – if we lose this, more downside is likely)
Chart Behavior:
Liquidation flush = weak hands exit
Fast rebound from $1.036 shows buying interest
ONDO is still riding the uptrend channel, unless $0.978 is broken
Verdict:
$ONDO just tested the weak hands. The game’s not over. Whales may be preparing for the next leg up. Don’t chase pumps – position smart at support.
