$ONDO 🚀 🚀 BULLISH MOMENTUM 🚀 🚀
ONDO/USDT Trade Setup – May 24, 2025
Current Price: $0.9510
24h Volume: $38.07M USDT
Market Bias: Bullish Continuation with Breakout Potential
Technical Summary
Trend:
ONDO is in a strong uptrend, consolidating near recent highs after a multi-week rally. Price action is showing signs of continuation rather than reversal, with high sustained volume confirming buyer strength.
⚠️ Support Levels:
✅️ $0.910
✅️ $0.875
🔑 Resistance Levels:
$0.975
$1.05
⚠️ Trade Plan
Long Entry 1 (Breakout Trade):
Entry: Above $0.975 on a 4H candle close with volume spike.
🔊 Stop Loss:
$0.910
📢 Targets:
🍭 TP1: $1.05
🍭 TP2: $1.12
Risk-Reward Ratio: ~1:2.7 (depending on entry
Macro Context
ONDO has been gaining attention due to its focus on real-world asset (RWA) tokenization and DeFi integrations. With growing narratives around tokenized treasuries and regulatory clarity in the U.S., ONDO could benefit from thematic inflows.