1h TF. The price has returned to a key bullish Order Block on the hourly timeframe, showing a reaction both from the ascending trendline and from the untested zone 1H OB. This area previously served as a starting point, which may indicate strong interest from institutional buyers.
Moreover, we are observing an internal liquidity grab (equal lows eliminated), followed by a possible structure change (BOS) on lower timeframes.
This setup is being formed in accordance with the bullish imbalance zone FVG above, providing a clear magnet for the continuation of price movement.
Profit-taking levels:
TP1: 29.91 — fair value zone + 1H OB TP2: 31.53 — previous high and untested 1H OB TP3: 32.65 — targeting the filling of inefficiency and the extreme of the upper range
1h TF. The chart of the coin has formed powerful cascades of hourly resistance levels. Significant liquidity has accumulated behind these levels. A local upward trend is also observed.
I plan to enter the trade after a consolidation and manifestation of activity from buyers. The goal is to exit at global accumulation.
1h TF. On the hourly timeframe, we see a breakout of the resistance level. This indicates the end of the downtrend. After the breakout, the price retraced to the order block area on 1H and the unclosed imbalance zone (FVG). In this zone, accumulation of purchases began.
Buyers are actively defending the range from $15.00 to $15.20. Local minima are forming above previous values. This may indicate a continuation of the upward movement.
The chart shows unclosed imbalances (FVG). This creates potential for further growth.
Targets for profit taking (TP): • TP1: $15.80 — level of local FVG. • TP2: $16.25 — area of volume imbalance. • TP3: $16.75 — global 1H OB.
2h TF. The instrument is trading on increased volumes. The traded volume for the day exceeds 300 million. After the upward movement, the price is in a consolidation phase. As a result, a resistance level has formed at a round number.
In the order book, there are large buy orders and density at the level. With tightening and increased activity in the order book, I expect an impulse breakout and liquidity removal.
Ideally, it is desirable to see local trading before the level. The first target mark is — 0.25500.
15m TF. The price reached an important support zone at the level of 0.002019. Previously, strong bounces were observed from this zone. The recent decline was accompanied by an increase in volume, which may indicate the fixation of sales and the accumulation of positions by major players. This may indicate the beginning of a reversal. The price stopped falling at a level from which increases started in the past. Recommended profit-taking targets: 0.002159, 0.002263, and 0.002384.
1h TF. The price on the chart is confidently moving upward. It is approaching an important resistance zone around 2.280. Previously, there was strong selling pressure in this zone.
The current rise is accompanied by a steady increase in lows and highs. This indicates the formation of an upward trend. Volumes during the upward movement are gradually increasing, confirming demand and buyer activity.
If the price manages to overcome the resistance in the 2.280 zone, the next targets will be levels 2.4, 2.520, and 2.637.
Enter a position only after the price consolidates above the resistance zone (from 2.280).
1D TF. Ondo has reached the resistance level. Open a trade only upon a confident rebound on lower timeframes.
On the 4-hour chart, a Shark pattern has formed for entering short. The asset is currently in the 141-161 zone according to Fibonacci levels, which often indicates a potential reversal.
Before continuing to rise, it is advisable to see the closure of the weekly FVG in the range of 0.8804-0.8145. The targets are indicated by white lines. After reaching the first target, we recommend moving the stop-loss to break-even, considering possible deviations.
A fractal for selling has appeared on lower timeframes. Breaking the level of 1.0253 will create a ChoCH, which will increase the likelihood of a correction.
Work cautiously and adhere to your risk management.
15m TF. The price reached the demand zone and maintained the trend line. This indicates a possible local reversal after the decline. In the market structure, we see a bullish 'break of structure' (BOS) and a local 'change of character' (ChoCh) upwards. This signals the strengthening of buyer positions.
The entry level is confirmed by strong volumes and reaction from the lower boundary of the void in the chart (FVG), which increases the likelihood of an upward retracement. The level 1.933 previously served as support and again confirmed buyer interest upon retesting.
Targets: TP1: 1.977 — the nearest FVG zone and local maximum. TP2: 2.012 — the 15-minute 'Order Block' (OB) zone and weak maximum (high). TP3: 2.167 — long-term target for breaking the trend line and FVG.
15m TF. The price on the chart has reached an important local support zone around 0.6406. Previously, this zone had already acted as a level of demand and a reversal point. After a sharp decline, it can be seen on the chart how buyers began to react. A bounce has formed with increased volumes, indicating interest in the asset at current levels.
If demand persists and this zone is not broken, a price recovery can be expected. Further movement towards levels 0.6505, 0.6598, and 0.6669 is possible.
5m TF. The asset is trading with increased volumes: 300 million dollars and 3 million trades in the last 24 hours. Key levels have been traded. Currently, a small pullback is observed. It is expected that the price will hold. I plan to enter in case of a clear breakout of the level 0.0059.
5m TF. The asset KERNEL after a prolonged decline began a corrective movement. A horizontal resistance level has formed, which has been tested several times. Behind it, a liquidity pool has accumulated, resulting in a price imbalance.
The "bullish" formation with increasing volumes and extremes indicates local dominance of buyers. Accumulation is expected to form at the levels.
An impulsive breakout is anticipated on acceleration.
Targets for closing the position: 0.2231, 0.2249, 0.2265.