Hey Traders — if you're into high-conviction setups with real momentum, this one’s for you.
ONDO is trading inside a falling wedge on the daily chart — a classic bullish structure that often leads to explosive breakouts. 📈
Accumulation Zone: Price is currently sitting inside the green support box, which has held strong multiple times. This makes it a good area to start accumulating before a potential breakout.
🚀 Breakout not confirmed yet, but structure looks promising. A breakout above the wedge will be the confirmation trigger.
📌 Trade Setup:
✅ Entry (Spot Accumulation): $0.73–$0.78
🎯 Targets after breakout: $1.10 / $1.45 / $2.05
🛑 Stop-loss: $0.58
📈 Bias: Bullish on breakout
🔸 Monitor for a clean breakout candle + volume above the wedge.
🔸 Manage position sizing while accumulating in the zone.
Let’s see if history repeats and ONDO gives us a strong breakout move.