Ondo Analysis and Trading Plan 1k4.5

Analysis.

Global trend: Upward. Over the last 180 days, the coin has shown growth of more than 113%, and over the year, 532%.

Local trend: Downward corrective (from the highs of 2.14 there was a strong pullback to 1.19). However, a base level is forming with an attempt to recover.

Based on the local recovery after the minimum (1.19), bullish (long). The price is testing the level of 1.45 with the possibility of continuing to rise.

Trading Plan

Entry: 1.4530 (Long)

Stop-loss: 1.399

Take-profit: 1.702 (zone of nearest strong resistance)

Ratio 1k4.69