#SummerCreationCamp

Why I’m Looking at This ONDO Spot Setup
I’ve been sitting with ONDO for a while, watching how it behaves around these levels. This isn’t a leveraged trade and it isn’t something I’m rushing into. It’s a spot position with a wide structure and a clear invalidation point.
The Setup
Entry zone: 0.3863 / 0.297
Stop: Daily close below 0.246
Targets:
TP1: 0.412
TP2: 0.468
TP3: 0.536
TP4: 0.687
TP5: 0.808
TP6: 1.08
TP7: 1.67
TP8: 2.86
TP9: 3.47
The stop is based on a daily close, not a wick. That matters to me. I want the structure to actually break before I accept that the idea is wrong.
How I’m Thinking About It
The lower entry at 0.297 is where the risk-reward starts to look more reasonable for a longer-term spot hold. The higher entry is more aggressive and would require tighter management. I’m more interested in the deeper zone if price offers it.
This is not a call that ONDO is about to run to the higher targets quickly. The higher targets are mapped so I can scale out over time if the trend develops. Most of them will only become relevant if the broader market cooperates and the project continues to deliver.
The Honest Part
I could be early. I could also be wrong. The daily close below 0.246 is the line that tells me the setup is no longer valid. Until that happens, I’m willing to treat this as a measured spot accumulation with defined risk.
I’m not adding size aggressively. I’m starting with an amount I can sit with through volatility. If the lower entry comes, I’ll look to average. If it never comes, I simply won’t have a full position.
This is my personal framing of the trade. It is not financial advice. Size everything according to your own risk tolerance and do your own research.
‍#SpotTrading #GateSquare @Gate_Square $ONDO