ONDOUSDT SPOT
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#ONDOUSDT — Descending Wedge & High R/R Zone

96
#ONDO

The price is moving within a descending channel on the 1-hour timeframe and has reached the lower boundary. It is now poised for a bounce and is expected to retest this boundary.

The Relative Strength Index (RSI) indicates a downward trend, which is likely to continue given the overbought conditions.

A key support zone (in green) has been identified at 0.3700. The price has bounced off this zone several times, making it a strong support level.

The price is trending towards the 100-period moving average, which we are approaching. This trend supports an upward move.

Entry Price: 0.3840
Target 1: 0.3876
Target 2: 0.3911
Target 3: 0.3968

You can close at the second target or wait for the third target. The choice is yours.
Stop Loss: At the resistance zone (in green).

Remember this simple rule: Money Management.

Any questions? Please leave a comment.

Thank you.
交易结束:到达目标
快照

#ONDO
Target 1: 0.3876 Reached
Target 2: 0.3911 Reached
Target 3: 0.3968 Reached

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