$ONDO Breakout from Accumulation Zone:

$ONDO has officially broken out above the neckline after months of consolidation. The structure reflects a classic inverse head & shoulders pattern, signaling a strong bullish trend reversal.

ONDO Accumulation Zone Analysis

๐Ÿ”ธ Support at $0.92 โ€“ $0.85:

This zone previously served as a key resistance and is now acting as local support. while $0.54 is the ultimate invalidation level for bulls.

๐Ÿ”ธ Upside Target: $2.00 โ€“ $2.50

With the breakout confirmed, the next logical targets lie near previous highs. If the retest holds, we could see a steady move toward $2.00 and potentially $2.50 in the coming weeks.

๐Ÿ”ธ Risk Level at $0.54:

A weekly close below $0.54 would put the breakout in question. New entries should use a tight stop loss below this zone to manage risk effectively.

๐Ÿ”ธ Outlook:

โœ… Already holding? Hold strong and trail stops as price moves up.

๐Ÿ”„ Missed entry? A clean retest around $0.85 โ€“ $0.92 would be a high-probability re-entry zone.

๐Ÿ“ˆ Watch for increasing volume and bullish structure on the retest to confirm continuation.