This appears to be a price ladder or volume profile for $ONDO /USDT Perpetual Contracts on Binance, likely showing historical key levels, with current market price somewhere above $1.57.

Here’s a technical ONDO/USDT setup based on this structure:

ONDO/USDT (Perpetual) Overview

Key Support Levels:

$1.5777 / $1.5630 – Current support zone

$1.4101 – Stronger historical support

$1.1919 / $1.1000 – Major demand zones

$0.9826–$0.8200 – Deep retracement zones

Key Resistance Levels:

$2.00 – Major psychological & structural resistance

$2.40 / $2.60 – Fib extension / potential top if momentum continues

Trade Setup Ideas

Swing Trade (Bullish Scenario)

Entry: $1.56–$1.58 (current support test)

Stop Loss: Below $1.40

TP1: $1.90

TP2: $2.00

TP3: $2.40–$2.60 (if market remains strong)

Short Setup (If Breakdown)

Entry: Break below $1.55 with high volume

Stop Loss: Above $1.63

TP1: $1.41

TP2: $1.20

Confirmation Checklist

Watch for RSI divergence or bullish engulfing candles at $1.56 zone

Use EMA(20/50) on the 4h chart to confirm trend alignment

Look at open interest and funding rate on Binance Futures for sentiment

Would you like this setup plotted visually on a 4h chart or want a quick 15m scalp plan too?

#TradeOfTheWeek #CryptoComeback #PectraUpgrade #Write2Earn! #ondo