Entry Zone: 0.4680–0.4755
Stop Loss: 0.4585
TP1: 0.4860
TP2: 0.4980
TP3: 0.5120
Setup:
ONDO experienced long liquidation near 0.47502, placing price around an important liquidity area. If this zone holds and buyers reclaim 0.4755–0.4780, a recovery toward the nearby resistance levels becomes technically reasonable. Watch for improving buying volume and higher lows before adding exposure.
Invalidation:
The setup is cancelled below 0.4585, particularly if accompanied by expanding sell volume.
Risk Management:
Wait for confirmation rather than entering after a sharp impulsive candle.
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