ONDO/USDT Perpetual Market Update: Key Trading Insights & Targets

1. Current Price and 24-Hour Performance

$ondo

Last Price: $1.0651

24-Hour Change: +2.15%

24-Hour High: $1.0949

24-Hour Low: $1.0373

2. Trading Volume

24h Vol (ONDO): 100.87M ONDO

24h Vol (USDT): 107.89M USDT

3. Trading Strategy

Buy Targets: $1.050 – $1.060

Sell Targets: $1.080 – $1.095

Stop Loss: Below $1.035

4. Technical Analysis

ONDO/USDT is gradually trending upwards, supported by steady buying interest near $1.050.

Resistance is observed near $1.095, with a potential breakout leading to further gains.

5. Market Trends

The price action indicates bullish sentiment, but sustained volume is essential to maintain upward momentum.

A pullback to $1.050 could provide an opportunity for long positions.

6. Key Observations

Monitor the mark price ($1.0649) closely for alignment with the spot price for trade validation.

Consolidation near the $1.065 level suggests a possible breakout or retest of higher resistance.

7. Disclaimer

This analysis is intended for informational purposes only. Please ensure proper risk management and consult financial professionals before executing trades.

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