$ONDO Heating Up at $0.8780 – Breakout or Bull Trap?"
$ONDO is currently trading at $0.8780, showing strong resilience after recent dips. Price is tightening just below key resistance, hinting at a potential breakout setup if bulls hold the line.
Technical Snapshot:
Support Zone: $0.840 – $0.860
Resistance: $0.895 – $0.920
RSI: 58 – bullish tilt, room to run
Volume: Picking up with each push, indicating buying pressure
Trade Setup (Momentum Watch):
Entry: $0.865 – $0.880 (ideal on breakout retest)
Target 1: $0.940
Target 2: $1.00
Stop Loss: Below $0.840
If $ONDO clears $0.895 with volume, a quick rally toward $1.00 is in play. But stay alert—failure to break could trigger a short-term fade.
