$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.
#ONDO #AltcoinAnalysis #CryptoTrading #BullishSetup #Binance
Buy and trade here $ONDO