$ONDO Breaks the Silence: Short Liquidation Spikes.
A massive $5.6451K worth of shorts were liquidated at $1.84378, signaling strong market movement in $ONDO. Is this the start of a new rally or just a blip on the radar. Let’s dive into the details:
What’s Happening.
Short Liquidation Insight: When shorts are liquidated, it usually means that traders betting against the price got caught in a sudden upward price movement.
Current Sentiment: This could mean buyers are regaining control, pushing $ONDO to test higher levels.
What’s Next.
Buy Zone:
Enter between $1.72 - $1.85.
(This range is ideal for accumulating based on recent price trends and support zones.)
Targets:
1. $2.00 (First Resistance Level – Conservative Target)
2. $2.20 (Next Resistance – Bullish Target)
3. $2.50+ (If momentum holds, this could be the breakout zone!)
Stop Loss:
Set your stop-loss at $1.60 to manage risks effectively in case the price reverses.
Pro-Tip for Traders:
Keep an eye on volume trends. Rising volume along with price increase can confirm a bullish trend.
Watch for any news updates or ecosystem developments, as these can act as catalysts for $ONDO’s next move.
Remember:
Crypto trading is volatile. Always stick to your plan, and don’t invest more than you can afford to lose.
Will $ONDO soar or retrace.
Let us know your thoughts below.
#ONDO/USDT #CorePCESignalsShift #BTCNextMove #USUALBullRun #ElSalvadorBTCReserve