$ONDO
$ONDO saw a strong short liquidation event around $0.44697, showing that bearish traders were trapped as price pushed higher with aggressive momentum. Short squeezes like this often indicate rising bullish pressure because sellers are forced to close positions, adding fuel to the upside move. The current structure suggests ONDO is attempting to establish higher support after reclaiming momentum. Immediate support now sits near $0.438–$0.432, and as long as bulls maintain control above that zone, the trend remains favorable for continuation. Resistance is forming around $0.455 and then near $0.468, which could become the next breakout area if buying volume continues increasing. If ONDO successfully clears those levels, the market may quickly push toward the $0.480–$0.495 range where heavier profit-taking could appear. The liquidation tape reveals strong volatility returning to the asset, meaning traders should expect rapid moves in both directions. Momentum currently favors buyers, especially after shorts were forced out, but fake breakouts remain possible in this environment. A healthy retest of support before continuation would strengthen bullish confidence significantly. If price loses $0.432 decisively, downside pressure may return and drag ONDO toward $0.420 support again. Traders chasing momentum should manage risk carefully because liquidation-driven pumps can retrace sharply without sustained volume. Overall, the market tone remains bullish in the short term while buyers defend key support zones. Stoploss below $0.428 looks safer for bullish positioning. The next move likely depends on whether bulls can sustain pressure above resistance and continue squeezing remaining shorts. 🎯 Targets: $0.455, $0.468, $0.495
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