ONDO has been my favourite #RWA play this cycle so I keep watching it closely. The DAILY chart is right at the most key SUPPORT zone/level, which is a great base for potential longs soon.Not this weekend as we need volume spikes to do anything in this game, but this situation is great for two fundamental reasons in trading in general.
One, it's a medium term support play, we get a nice and easy STOP LOSS level below the support zone.
And the second reason, the price has traded in a clear range, which means we could be looking at longing the bottom of the range.
But to execute that, we simply need a trigger on shorter timeframes.
I will try and find one from Monday on, because this asset is a blue chip in my opinion👽💙
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