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#ONDO sweeping lows before strong reversal
🟢 $ONDO - LONG
Trade Plan:
Entry Zone: $0.335 – $0.345
SL: $0.318
TP1: $0.365
TP2: $0.385
TP3: $0.415
ONDO executed a textbook liquidity sweep below the recent equal lows at $0.332 before immediate strong reversal on rising volume, confirming a classic stop-hunt into premium demand. Bullish divergence across RSI and MACD on the 15-min chart aligns with price reclaiming the 50 EMA, signaling fresh buyer conviction in the RWA narrative. This reversal setup carries high-conviction confluence for continuation higher.
Is ONDO ready to push into fresh highs after the sweep?
#GateSquareMayTradingShare #CLARITYActPassesSenateCommittee