$ONDO / USDT Technical Setup
Current Price: ~$0.9187
24h Drop: -5.75% (healthy retrace after prior surge)
Trend Structure: Retest of breakout trendline + demand zone = bullish if it holds
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Key Zones
Type Price Range Notes
Demand Zone $0.84 – $0.87 Recent bounce confirms buyers defending this level
Invalidation $0.8060 Drop below invalidates bullish setup (lower low structure)
Upside Targets $1.20 / $1.63 / $2.14 Fibonacci and prior supply zones—ambitious but realistic with momentum
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What to Watch
Volume Confirmation: Rising green volume during any move above $0.95 is key.
Candle Structure: Look for bullish engulfing or three white soldiers near $0.87–$0.91.
Market Context: If Bitcoin stabilizes or pulls back slightly, ONDO could outperform due to its narrative and strength.
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Trade Idea (DYOR / NFA)
Entry Zone: $0.87 – $0.92
Stop-Loss: Below $0.806
Targets:
T1: $1.20 (local resistance)
T2: $1.63 (mid-term momentum target)
T3: $2.14 (full extension target, 135%+ move)
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Summary
ONDO is at a textbook inflection point. If the trendline retest and demand zone hold, this could be one of the stronger alt setups in the coming days. But keep stops tight—below $0.806, the structure fails.