$ONDO /USDT Next Move Analysis ๐ & Potential Trade Opportunity Alert ๐จโผ๏ธ
Based on the 4-hour chart, $ONDO is currently trading within a Symmetrical Triangle pattern.
The price is sitting near the pattern's support line, and we anticipate a bounce from this level toward the pattern's resistance line.
This makes the current range a favorable entry point for spot (buy), specifically between $0.45 and $0.46.
Potential Targets (Within Triangle) ๐ฏ
$0.4800
$0.5000 (Approximately the pattern's resistance)
Breakout Targets (Above Triangle) ๐
Should the price successfully break out and close above the resistance line, the following targets become active:
$0.5500
$0.6000
Things look promising. Trade wisely and remember that since this is a 4-hour chart analysis, the move may take 1 to 2 days to fully materialize.
$ONDO ๐
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