#ONDOUSDT — Descending Wedge & High R/R Zone

#ONDO

The price is moving within a descending channel on the hourly timeframe. It has reached the lower boundary and is trending towards a bounce. A retest of this boundary is expected.

The Relative Strength Index (RSI) indicates a downward trend, and this trend is likely to continue due to the overbought condition.

There is a key support zone in green at 0.2466. 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: 0.2497

Target 1: 0.2543
Target 2: 0.2683
Target 3: 0.2633

Stop Loss: At the resistance zone in green

Remember this simple rule: Money Management.

Any questions, please leave a comment.

Thank you.

トレード終了: 利益確定目標に到達

#ONDO

Target 1: 0.2543 Reached
Target 2: 0.2683 Reached
Target 3: 0.2633 Reached

CryptoAnalystSignal

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CryptoAnalystSignal

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