💥$ONDO /USDT Testing Resistance After +7.35% Growth!🔥
🌟Current Price: 0.9908 USDT (+7.35%)
🌟24-Hour High: 0.9923 USDT (Resistance zone to watch).
🌟24-Hour Low: 0.8663 USDT (Critical support level).
Volume (24H):
🌟ONDO: 32.69M
🌟USDT: 30.18M
⚡ONDO has shown strong upward momentum, nearing its 24-hour high at 0.9923 USDT. A decisive move in either direction will likely shape the next major trend.
⚡Technical Indicators 🧩
1. RSI: Likely approaching overbought territory; caution advised at resistance levels.
2. MACD: Firmly bullish, aligning with strong buyer activity.
3. Bollinger Bands: Widened, signaling heightened volatility and trend continuation possibilities.
⚡Trading Setup 📝
🎖️Bullish Scenario
Type: Breakout Trade
👉Entry Point: Above 0.9930 USDT (confirmed breakout with rising volume).
👇Take-Profit Targets:
🎯TP1 (1:1): 1.0000 USDT
🎯TP2 (1:2): 1.0500 USDT
💢Stop Loss: Below 0.9800 USDT
🎖️Bearish Scenario
Type: Pullback Trade
👉Entry Point: Below 0.9800 USDT (on confirmed rejection at resistance).
👇Take-Profit Targets:
🎯TP1 (1:1): 0.9600 USDT
🎯TP2 (1:2): 0.9400 USDT
💢Stop Loss: Above 0.9850 USDT
⚡Risk Management Strategy ⚠️
For Bullish Setup, move Stop Loss to Breakeven upon achieving TP1 (1.0000 USDT), and secure profits by closing 50% of trade quantity.
Similarly, for Bearish Setup, adjust Stop Loss to Entry after hitting TP1 (0.9600 USDT) to lock in gains.
⚡Key Takeaways ✍️
1. Monitor 0.9923 USDT resistance zone—failure to breach may lead to consolidation.
2. Validate all moves with trading volume to avoid false breakouts or pullbacks.
3. Exercise disciplined risk management to navigate high volatility effectively.
Disclaimer: #DYOR*
Buy Or Trade With Me On $ONDO