$ONDO shows upward momentum - Is a breakout possible?
Its price has shown a strong recovery from the range of $0.87-$0.89, forming higher highs and higher lows, indicating the continuation of the upward trend. With the current price trading around $0.9259 and testing a resistance level near $0.93, a clear breakout above $0.9482 could trigger a rise towards $0.98 or higher. Traders should monitor volume confirmation before entering.
Trade setup:
Buy entry: $0.9263
Target 1: $0.9480
Target 2: $0.9750
Stop loss: $0.9100
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