$ONDO / USDT – Reversal Watch After Long Liquidation
Liquidation Spotted: $5.69K in long positions wiped out at $0.74593
A sharp flush at support levels could indicate capitulation from weak longs.
If $ONDO stabilizes above this zone, a bullish breakout may be on the table.
📊 Key Technical Levels:
🔽 Flush Level: $0.74593
🧱 Support Zone: $0.735 – $0.745
⚔️ Resistance to Break: $0.765
🚀 Breakout Trigger: $0.772
🔄 Trend Confirmation: Sustained close above $0.772
Trade Plan (Bullish Breakout Strategy):
Entry: Above $0.772
Target 1: $0.789
Target 2: $0.803
Target 3: $0.819
Stop-loss: $0.733 (just below recent lows)
Risk-Reward Outlook: Optimistic if momentum builds with volume
Market Sentiment:
ONDO’s recent liquidation has cleared out over-leveraged longs.
If price consolidates and reclaims key levels, we could see a fresh move upward led by technical and psychological recovery.
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