Ondo / USDT
Long

$ONDO Near Golden Entry Zone: Is $ONDO Ready for a 5x Move?

1 626
ONDO Technical Analysis & Bull Market Outlook

ONDO is currently trading near a key accumulation zone, aligning with the 0.786 Fibonacci retracement level, which historically signals a high-probability bounce area in strong trending markets.

Accumulation Strategy
Ideal accumulation zone lies between $0.80 - $0.60. DCA (Dollar-Cost Averaging) approach recommended on major dips for optimal positioning before the breakout confirmation.

Historical Breakout Behavior
In the last HTF (High Time Frame) breakout, ONDO delivered a +200% move post-breakout. Based on current consolidation and market structure, a potential 400%-500% upside is anticipated if similar breakout structure plays out.

Upside Targets in Bull Case: $2/$5/$10

Why Still Bullish?
* Clean structure on daily and 4H TFs.
* Strong demand near 0.786 FIB.
* Institutional interest confirmed:

Trump’s World Liberty Finance acquired 342,002 ONDO, investing $505,218 at an average entry of ~$1.47 — current price is trading ~45% lower, indicating strong long-term conviction.

Not financial advice. Strictly TA-based view. Manage risk accordingly.

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