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【$ONDO Signal】Pullback confirmation, sniper at 4H Bollinger middle band support
$ONDO 1H MACD death cross, but price is consolidating around 0.147, with selling pressure quickly absorbed.
The 4H Bollinger middle band at 0.1239 forms strong support, resonating with EMA50 (0.1225).
Market depth is imbalanced at -34.49%, sell orders are sparse, and the capital support intention is fully exposed.
If the price pulls back to the 0.12966 to 0.14654 range, enter directly for a setup.
Place the stop below 0.12189; if broken, the bullish structure is invalidated.
First target is 0.14520, which is the EMA20 resistance on the 1H timeframe.
Second target is 0.15297, near the previous high area.
After reaching the first target, halve the position, and move the remaining stop-loss to the entry price.
This trade has a good risk-reward ratio, with patience key at the entry point.
On the 1H timeframe, volume shrinks during price pullbacks, indicating holders are reluctant to sell.
Although the 4H MACD histogram is contracting, both lines remain above zero, so the trend remains intact.
Current funding rate at 0.076% is not extreme, limiting the risk of a short squeeze.
Open interest is stable with no signs of large-scale exits.
This level provides strong support, more like a healthy chip rotation.
Check real-time market 👇 $ONDO
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