$ONDO 🚀 🚀 BOOOOOOOOMING 🔥 🔥

📊 Chart Overview & Technical Analysis

Trend & Structure

Short-term trend: Bearish; mid/long‑term: Neutral .

The key support zone is around $0.71–$0.74, with the pivotal pivot point near $0.89 .

Resistance lies at ~$0.8186; closing above could pave the way to ~$0.92 .

Indicators

Moving averages & oscillators:

12 of 17 signals are Sell vs. 2 Buy—overall a bearish bias .

MACD below zero, RSI ~35 (neutral/bullish threshold is >50) .

Momentum views:

IntoTheBlock’s on-chain data suggests some recovery potential above major supports, though current decline is pronounced .

Chart Patterns

Some analysts see a possible descending triangle (bearish), or a consolidation block that could lead to a 15–30% bounce if broken to the upside on volume .

💡 Strategy for Next 1–3 Days

Bullish Setup (if support holds)

Entry zone: $0.72–$0.74 near long-term support.

Stop-Loss: Below $0.71.

Targets:

TP1: $0.8186 (resistance) → ~10–12% upside.

TP2: $0.90–$0.92 (pivot-level breakout) → ~15–20%.

Bearish Setup (if support fails)

Entry (short): Break and retest below $0.71.

Stop-Loss: Above $0.74.

Target: $0.65 (next support level) → ~8–10% downside.

🛑 Disclaimer

This is educational content, not financial advice. Crypto is highly volatile — trading may result in losses. Always do your own due diligence and consider consulting a financial adviser. Manage position sizing, risk tolerances, and market conditions.

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✅ Summary

Watch levels:

Bullish: Support ~$0.72; entry zone $0.72–$0.74, targets $0.8186 → $0.90+.

Bearish: Break below $0.71 triggers short, target $0.65.

Confirmation needed: Volume spikes, MACD/RSI turn positive.

Sentiment: Mostly negative short-term, although bouts of bullish optimism exist.

Risk: High — use disciplined stop-loss and position sizing.

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