$ONDO For a thrilling post about $ONDO's long liquidation at $8.5548K at $1.67965, here's a detailed, simple breakdown for your audience:

$ONDO Long Liquidation Breakdown.

Today, we've seen a significant long liquidation of $8.5548K at the price of $1.67965. This is a big move and could have a big impact on the price of $ONDO in the short term.

What Does This Mean.

Liquidation happens when traders who were holding long positions (betting the price will go up) are forced to sell because the price drops below their entry level. This can cause a rapid price decline.

What’s Next for $ONDO

Given the recent liquidation, here’s what could happen next:

Buy Zone:

If you're looking to enter the market, the buy zone could be around $1.55 - $1.60. This is based on potential support levels where the price might stabilize and bounce back.

Target:

For potential gains, the target price could be around $1.80 - $1.85. This is a reasonable level for a short-term rally if the price recovers from its recent dip.

Stop Loss:

To protect yourself from large losses, a stop loss should be placed around $1.50. If the price drops below this level, it may indicate further bearish pressure, and it’s best to cut losses.

Why Is This Important.

This liquidation event is an opportunity for traders to watch the market closely. While the price may face some short-term volatility, strong support at lower levels could lead to a rebound.

However, if the liquidation pressure continues, we could see further drops. Always make sure to set your stop loss and manage risk.

In Summary:

Buy Zone: $1.55 - $1.60

Target: $1.80 - $1.85

Stop Loss: $1.50

Stay tuned and keep an eye on the charts for any changes. Crypto markets can be volatile, so always trade carefully.

This post provides a clear analysis with potential zones and a simple breakdown to help your audience make informed decisions.

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