#Write2Earn #ondo
đ ONDO Heating Up: Is $1.10 to $1.20 the Next Big Move? đčđ„
ONDO/USDT is showing some intriguing price action on the 4-hour chart, and traders are watching closely to see if itâs gearing up for the next leg up! đ
As of now, ONDO is trading around $1.0213, with a recent high tapping $1.0946 â and a Take Profit target already set around $1.1100. But hereâs where it gets spicy đ„:
đ Technical Breakdown:
âą đ Ascending Channel: ONDO is respecting the rising support trendline, bouncing strongly within the channel.
âą đ« Key Demand Zone: Between $0.96 - $0.99, price reacted bullishly after dipping into this zone, hinting at accumulation.
âą đ Fibonacci Levels: Holding above the 0.618 level (~$0.993), a classic bullish signal.
âą đ Indicators:
âą RSI around 59 â room to grow before hitting overbought.
âą MACD slightly bearish but flattening â watch for a bullish crossover.
âą Stoch RSI resetting and pointing upwards = potential momentum brewing.
đŻ Is $1.10â$1.20 Within Reach?
âą If bulls maintain control and break the local high of $1.094, momentum could easily carry ONDO to:
âą đ $1.10 â First target (near previous resistance)
âą đ„ $1.20 â Psychological resistance and next Fib extension zone
But⊠if ONDO loses the trendline and dips below $0.96, we might see a retest of $0.90, where the Stop Loss is currently placed.
đŹ So whatâs the verdict, traders? Is ONDO preparing for a breakout toward $1.10â$1.20? Or are we in for a breather before the next moon mission? đ
Drop your thoughts in the comments! Letâs chart it out together đđ

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