๐ $ONDO / USDT โ Bounce With Strength, Breakout Loading! ๐ฅ๐
Current Price: $1.0565 (-2.47%)
$ONDO has bounced solidly off the demand zone and is now pressing against the $1.06 resistance. With volume building and momentum rising, a clean breakout may be just ahead!
๐ Trade Setup
๐ Entry: $1.0635
๐ฏ Take Profit (TP): $1.0887
๐ก Stop Loss (SL): $1.0463
๐ Key Observations:
โข Strong bounce from support = bullish intent
โข Resistance at $1.06 is getting re-tested
โข Volume uptick = breakout pressure building
๐ก Pro Tip:
Watch for a 1H close above $1.065 with volume for confirmation. A successful breakout could lead to momentum-driven continuation toward the TP zone.
โ ๏ธ If it fails to break $1.06 with conviction, expect a short-term pullback โ respect your stop.
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