Both support entries triggered successfully, and buyers stepped in with conviction. The inverse head & shoulders on the weekly chart is becoming clearer, pointing to a major bullish reversal.
🔸 Support at $0.85 – $0.92
This zone is now proven demand. As long as ONDO holds it, the bullish structure stays intact.
🔸 Upside Target: $2 – $2.50
With the breakout brewing, weekly momentum could fuel a move toward previous highs, especially if volume continues to build.
🔸 Risk Level at $0.54
That’s still the ultimate invalidation level, but with supports holding, probability leans toward continuation.
Outlook:
Entries filled now it’s about managing the trade.
Trail stops into profit as ONDO pushes higher.
#ONDO is doing exactly what accumulation patterns are meant to do flush out weak hands, fill supports, and then launch.
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