$ONDO Signal
Long
Price: .8100
(Enter on entry price)
In the 1-hour timeframe, I can see an ascending triangle forming, which is a bullish pattern. ONDO is likely to drop towards the support trendline before bouncing back.
There’s significant downside liquidity, suggesting that ONDO may move lower to grab that liquidity before making a strong upward move.
Additionally, the Money Flow Index (MFI) is showing bullish signals, aligning with the ascending triangle pattern. With altcoins poised for movement, a breakout could be on the horizon.
5x leverage isolated
Target:
1) .8200
2).8300
3).8400
4).8500
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