$ONDO 🚀 Opportunity or Risk? 📊
Hello everyone! 👋 Today I started reviewing the ONDO/USDT chart and wanted to share what I see, in case it helps someone. I'm not an expert, but I've been at this for a while and I like to analyze the markets. Be careful, this is not financial advice! 🚨
📌 What I see on the chart (4H)
- The price is at $0.8203, rising 5.26% in 24h (quite strong).
- The RSI is at 73: It's in the overbought zone, be aware of a possible pullback.
- Key resistances: 0.8279 (yesterday's high) and 0.8386 (an important EMA).
- Supports: 0.8088 and 0.8067 (EMAs that could hold if there is a correction).
🎯 Personal conclusion
ONDO looks like it could continue rising if it holds the supports, but one must be cautious. I wouldn't enter right now at the highs; instead, I would wait for a pullback or a clear breakout with volume.
What do you all think? Is anyone else trading ONDO? 🧐
🔍 DYOR: This is just my opinion. Everyone knows their own risk and strategy. Good luck! 🍀
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