[Analysis of the popular token ONDO on 2024.4.4]
① As the leader of RWA, this coin has increased by 550%+ since its launch this year. It is indeed unknown that it was launched online, but it has experienced a surge that matches the bull market. This must be praised! There is no doubt about the fundamentals. As the leader of RWA, it is reasonable to be favored by the market. Just like ENA, money can make money, especially in the bull market. Whoever has the highest capital utilization rate will get greater benefits!
②At this moment, the 1h level of the trend is about to be adjusted in place, and there is still room for adjustment at the 2h level. If the 4h level cannot quickly rise and stabilize the key line of 0.87, there is still a need for adjustment. Although the daily line is bullish, the short-term time has not yet come, and the long-term layout can be Wait for the 4 o'clock buying point to appear and enter the market to plan for the medium and long term!
③ Based on the daily K frame pillar, the short-term support is 0.395/0.525/0.625/0.726, the pressure is 0.87/1.05, and it stands firm at 1.05. You can double it at will!
④ Recommended intervention points: 0.398/0.525/0.625, take-profit levels: 0.87/1.05/2+
⑤Position: 30%, cycle: medium and long, estimated profit: 30%-50%+
