#ONDO Liquidation Alert: $64.1K short position liquidated at $1.934!
Market Breakdown for #ONDO
Liquidation Details: A $64.1K short was liquidated at $1.934, signaling strong bullish pressure and heightened volatility for ONDO.
Current Price Action: The liquidation surge suggests a potential continuation to the upside, but a sharp pullback could follow.
Trading Plan for #ONDO
Entry Point:
Look for an entry near $1.940, a key level for potential continuation after the liquidation spike.
Target Levels:
First Target:
$2.000 (psychological resistance).
Second Target: $2.100 (key technical resistance level).
Stop Loss:
Place a stop at $1.900 to protect against downside risks if the rally fails to hold.
This $ONDO liquidation creates an exciting opportunity to trade the $1.940–$2.100 range with tight risk management!