Om Signal
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Bullish
$ONDO
The price is currently forming a descending triangle pattern, which is typically considered a bearish continuation pattern. However, the horizontal support line (orange) around $0.85-$0.86, combined with a descending resistance trendline (purple), indicates a squeeze in price action suggesting an imminent breakout.
The price is currently forming a descending triangle pattern, which is typically considered a bearish continuation pattern. However, the horizontal support line (orange) around $0.85-$0.86, combined with a descending resistance trendline (purple), indicates a squeeze in price action suggesting an imminent breakout.
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