🚀 $ONDO /USDT Breakout or Rejection? Both Setups Active! 🔄
$ONDO is showing a short-term bullish structure, rebounding off 0.8734 and tapping the 24H high at 0.9293. Price is now hovering near key resistance breakout or rejection, both scenarios are in play for scalpers.
🔹 Resistance Levels:
• 0.9293 (24H High)
• 0.9350 (Psychological + Next Resistance)
🔹 Support Levels:
• 0.9220 (Immediate)
• 0.9120 (Major Support)
🟢 Long Setup – Breakout Strategy
• Entry: Above 0.9300 (Confirmed Breakout)
• TP1: 0.9350
• TP2: 0.9420
• SL: 0.9220
💡 Watch for volume spike on breakout above 0.9300 to confirm entry.
🔴 Short Setup – Rejection Play
• Entry: 0.9280 – 0.9290
• TP1: 0.9220
• TP2: 0.9120
• SL: 0.9315
💡 If rejection persists or BTC turns bearish, short near resistance becomes safer.
📌 Strategy Insight:
For safer trades:
• Wait for momentum above 0.9300 for longs ✅
• Look for rejection wicks near 0.9290 for shorts ⚠️
Quick scalpers can take advantage of either scenario with proper risk management.