$ONDO /USDT
📉 ONDO/USDT Trade Setup – Intraday to Swing
Current Price: $0.7478
24h High: $0.7889
24h Low: $0.7390
24h Volume:
ONDO: 10.47M
USDT: 7.97M
24h Change: -2.72%
🧭 Bias: Neutral-to-Bullish (Dip-Buy Zone)
ONDO is trading near 24h low after a mild correction from the $0.78–$0.79 area. Strong support lies at ~$0.7390 (24h low), making this ideal for accumulation or bounce trade.
✅ Trade Option 1: Support Bounce
Entry Zone: $0.7400 – $0.7480
Entry close to 24h low and near visible order block from earlier in day
Stop Loss: $0.7290
Just below $0.7390 low + room for wick flush
Take Profit Targets:
TP1: $0.7590 (first resistance area from depth book)
TP2: $0.7665 (supply wall)
TP3: $0.7720–$0.7880 (24h high + breakout zone)
Risk/Reward Estimate: 1:2.5 or better
🔁 Trade Option 2: Breakout Entry
Buy Stop: $0.7900
Above 24h high and breakout zone
Stop Loss: $0.7700
Target: $0.8250 – $0.8400 (extension from breakout impulse move)
📊 Indicators to Watch (15m/1h):
RSI: Look for climb back above 50 (momentum shift)
MACD: Bullish crossover or histogram flip
Volume: Watch for volume spike on green candles near $0.75 or $0.79
⚠️ Quick Notes:
ONDO is still in a strong uptrend on higher timeframes, so dips like this may be buyable.
However, a break below $0.7390 with high volume could signal more downside (wait for confirmation).
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