TRADE IDEA: $ONDO

Market Condition

ONDO is attempting to stabilize after a strong corrective phase from the recent local top. Price action shows early signs of recovery as buyers defend the $0.34 zone and momentum slowly rebuilds on the daily timeframe.

Execution Area

$0.348 — $0.356

Profit Objectives

• TP1 → $0.372

• TP2 → $0.395

• TP3 → $0.425

Protection Level

• SL → $0.337

Analyst View

The sharp rejection from lows followed by consecutive recovery candles suggests bullish accumulation may be forming. A sustained move above nearby resistance could trigger continuation toward higher supply zones.

Position Bias: LONG

#ONDO