That was an easy one. follow for more less risky trades :)
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EagleEye Economics
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🚨 ONDO Price Action Alert: Key Levels to Watch! 🚨
The 4H chart for ONDO/USDT reveals a critical setup as price tests multiple resistance and support levels. Traders, this could dictate the next big move—stay sharp! Here's what you need to know:
🔍 Key Observations: Current Price Zone: $1.8497, trading near the Monthly VAH ($1.8465) and showing signs of consolidation.
Resistance Levels:
ATH (All-Time High): $1.9535 remains the ultimate target above. Monthly VAH: $1.8465 is pivotal; a breakout here signals bullish momentum. Local Resistance: $1.8015, marking recent failed attempts to sustain upward momentum. Support Levels:
Weekly TWAP: $1.6848 acts as a key dynamic support, maintaining bullish structure. Major Support Zone: $1.7705—if lost, further downside becomes likely. Volume Profile: Dense buying interest around $1.60-$1.70 region suggests strong support.
📊 What to Watch Next: A breakout above $1.85-$1.90 could push ONDO toward $1.95 ATH or beyond. Failure to hold $1.77 opens a revisit to the weekly TWAP near $1.68, risking further bearish momentu
💡 Pro Tip: Set tight stop-loss levels and monitor volume spikes—these will confirm breakout or breakdown scenarios.
👉 What’s your take on ONDO? Drop your analysis or questions below, and don’t forget to tip, share, or like for more timely updates! 🚀
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