$ONDO is a cryptocurrency that has recently shown significant market activity. Here's the latest price information.

Recent Market Activity.

A notable long liquidation of approximately $1,494.9 occurred at a price of $1.63748. Such liquidations can influence market dynamics, potentially leading to price volatility.

Trading Strategy.

Buy Zone.

Consider entering a position between $1.58 and $1.64. This range aligns with recent support levels and may offer a favorable entry point.

Target.

Aim for a target price of $2.63, indicating a potential upside of over 60% from the buy zone. This target is based on technical analysis suggesting a bullish continuation.

Stop Loss.

Set a stop loss at $1.43 to manage risk and protect against potential downward movements. This level is below recent support, providing a buffer against market volatility.

Additional Considerations.

Market Volatility.

Cryptocurrency markets are highly volatile. It's essential to monitor price movements closely and adjust your strategy as needed.

Risk Management.

Never invest more than you can afford to lose. Implementing proper risk management techniques is crucial for long term success.

Stay Informed.

Keep up with the latest news and developments related to ONDO, as external factors can significantly impact its price.

For a more in depth analysis, you might find the following video helpful.

Disclaimer.

This information is for educational purposes only and should not be considered financial advice. Always conduct your own research before making any investment decisions.

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