$ONDO on Fire with a +24.73% Surge! Will It Break or Retrace?
$ONDO is currently trading at 0.8801, after a powerful rally that took it close to its 24H high of 0.9287. The 24H low sat at 0.7056, showing strong price action and significant intraday volatility.
The bulls pushed $ONDO hard, but after hitting resistance near 0.9287, we’re seeing short-term consolidation. Immediate resistance is around 0.8970–0.9300, and key support lies at 0.8644, with a deeper floor near 0.7056.
Trade Setups:
Long Setup:
Entry: 0.8810 (upon candle confirmation above resistance zone)
Target 1: 0.9100
Target 2: 0.9280
Stop Loss: 0.8640
Short Setup (if rejected at resistance):
Entry: 0.9250
Target: 0.8800
Stop Loss: 0.9380
Pro Tip: Volume is key — wait for a breakout or rejection with strong volume confirmation before entering.