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.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.