#ONDO Ascending Triangle

📊#ONDO Ascending Triangle🚀

🧠From a structural perspective, we've reached an overlapping resistance zone, so a pullback is possible. Therefore, chasing the price upwards here is not recommended. However, there's a larger bullish structure on the daily chart, so blindly going short is not advisable. The best approach is to wait for a price pullback before looking for long trading opportunities; this will maximize the risk-reward ratio and win rate.

➡️If a pullback doesn't occur in the short term, and the price continues to consolidate sideways, then you can look for bullish signals on smaller timeframes (note: only try with small positions).

➡️The next short-term resistance level to watch is around 0.355, a stronger resistance level is around 0.393, and an extreme resistance level is around 0.5712.

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交易结束：到达目标

The price has reached the resistance level near 0.355.

There are still opportunities to look for long positions until the next resistance level of 0.393 is reached.

注释

#ONDO Target Zone Reached✔️

From a structural perspective, we have reached the daily bullish target zone. If you participated in short-term trading, you can choose to take profits here, as a daily-level correction may occur.

If you want to expect more profits, please set a risk-free position, or try with only a small position and wait for the extreme resistance level to be reached.

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