$ONDO /USDT – Pullback After Breakout: Support Test Underway

Current Price: $0.7784 (+0.74%)

Price reached $0.7846 but now pulling back slightly while still trading above key moving averages.

Trade Setup (Bullish Bias – Watch for Rebound):

Entry: $0.7760 – $0.7790

TP1: $0.7880

TP2: $0.7970

SL: $0.7700

Technical Insight:

ONDO is holding well above the 99 MA ($0.7754), 25 MA ($0.7771), and testing near the 7 MA ($0.7801). The previous low of $0.7677 acts as a strong support zone.

The pullback looks healthy, possibly setting up for a continuation if bulls step in again near MA support.

A bounce above $0.7815 could confirm bullish momentum and target new highs.

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Buy and trade here $ONDO