$ONDO

The ONDO currency has begun to show signs of reversing the downtrend as it starts to form higher lows and bullish candles, pushing the price back above the $0.98 level after a long period of consolidation. It seems that momentum is beginning to shift, which may indicate the start of a new upward wave.

If buyers can maintain the price above the $0.979 level, we might witness a strong push towards the psychological barrier at the $1 level and possibly beyond, as the market appears poised for a clear breakout.

The trade setup is as follows:

Entry point at $0.9802

Profit target at $1.0048

Stop loss at $0.9645

Professional advice:

Watch for an increase in trading volume above the $0.99 level, as this could be the crucial signal for a trend reversal and a move upwards.

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