$ONDO /USDT (4H Chart) – Updated Trend & Setup - This chart shows a bullish trendline support being respected, with price near a breakout point from a falling wedge or descending triangle.
✅ Entry Zone:
Current Price: ~0.905 USDT
Ideal Entry Range: 0.91 – 0.93 USDT (near trendline & support)
🎯 Targets (TP):
TP1: 0.943 USDT (EMA50 resistance)
TP2: 1.016 USDT (local horizontal resistance)
TP3: 1.134 USDT (major upper wedge target / measured move)
❌ Stop-Loss (SL):
SL Level: 0.847 USDT
(Below key structure & wedge support zone)
📈 Trend Summary:
🟢 Price bouncing off ascending trendline
🟡 Still below EMA50 – breakout confirmation needed
📉 Failure to hold 0.90 could trigger retest of 0.85 zone
Bias: Cautiously bullish (watch price reaction at trendline)
Outlook: Favorable long entry if trendline holds and volume supports breakout.
