š $ONDO /USDT ā Bullish Breakout Loading!
Current Price: $1.0089
Position Size: $2.0188K
$ONDO is knocking on the door of a breakout zone after reclaiming the psychological $1.00 level. Consolidation beneath resistance is tightening ā a classic precursor to an explosive move.
š Key Technical Levels:
⢠Breakout Zone: $1.022 ā $1.035
⢠Immediate Resistance: $1.072
⢠Support Zone: $0.982
⢠Critical Support: $0.956
š Trade Setup (Long Bias):
ā Entry Criteria: Enter between $1.022 ā $1.035 only after a 30M candle close above $1.022 with volume expansion
šÆ Take-Profit Levels:
⢠TP1: $1.072
⢠TP2: $1.118
⢠TP3: $1.165
š” Stop Loss: $0.962 ā below the local swing low and volume shelf
š§ Market Sentiment:
Buyers are gradually stepping in, evidenced by higher lows and increasing volume near resistance. Momentum is building ā a clean break above $1.035 could trigger a fast climb as short-term shorts unwind and momentum traders pile in.
š” Pro Tip:
Don't pre-empt the breakout ā let price confirm with strength. Watch volume closely. If volume fades at resistance, step back. If it spikes, ride the wave.
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