ONDO has now pulled back into a major support area between $0.25 and $0.29, a level that previously held as a strong demand zone. This presents a solid opportunity to ladder into a long swing trade, anticipating a potential move back toward higher resistance levels.
📈 Trade Plan:
Entry Zone: $0.25 – $0.29 (ladder entries)
Take Profit Targets:
TP1: $0.35 – $0.45
TP2: $0.55 – $0.68
Stop Loss: Just below $0.24
We're watching for confirmation from price action and volume at this zone. If momentum builds, ONDO could push back toward those higher resistance levels. A gradual scale-in approach helps manage risk while positioning for potential upside.
📈 Trade Plan:
Entry Zone: $0.25 – $0.29 (ladder entries)
Take Profit Targets:
TP1: $0.35 – $0.45
TP2: $0.55 – $0.68
Stop Loss: Just below $0.24
We're watching for confirmation from price action and volume at this zone. If momentum builds, ONDO could push back toward those higher resistance levels. A gradual scale-in approach helps manage risk while positioning for potential upside.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.