The ONDO/USDT 4-hour chart displays a shift from a consolidation phase to a **bullish recovery**. After printing a Higher Low (HL) at **$0.2541**, price broke through immediate resistance, establishing a Higher High (HH) near **$0.2907**. Currently, the price is retracing to test the **MA(7)** ($0.2804) for support. The underlying trend remains bullish as long as it holds above the **MA(25)** ($0.2712), which aligns with the previous breakout zone.


### **Execution Plan**
* **Spot Entry:** $0.2770 – $0.2800 (Entry on the retest of the MA(7) / 0.382 Fib level).
* **Reasoning:** Price is consolidating after a strong impulse move; the Golden Cross of MA(7) over MA(25) confirms short-term momentum shift.
* **Stop-Loss:** $0.2680 (Below the MA(25) and local structural swing low).
### **Take Profit Levels**
* **TP 1:** $0.2910
* **TP 2:** $0.3050
* **TP 3:** $0.3200
**Not Financial Advice. Do Your Own Research.**
$ONDO
ONDO1.06%
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin