đš ONDO Price Action Alert: Key Levels to Watch! đš
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 moveâstay sharp! Here's what you need to know:
đ 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: $1.7705âif lost, further downside becomes likely.
Volume Profile: Dense buying interest around $1.60-$1.70 region suggests strong support.
đ 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
đĄ Pro Tip: Set tight stop-loss levels and monitor volume spikesâthese will confirm breakout or breakdown scenarios.
đ Whatâs your take on ONDO? Drop your analysis or questions below, and donât forget to tip, share, or like for more timely updates! đ
