🔍 Overview:
The ONDO/USDT pair is currently at a critical inflection point. After months of being suppressed in a downtrend, price action is now testing a major descending trendline that has capped the market since the peak in December 2024. A breakout here could be the beginning of an explosive bullish phase — but failure might confirm further downside.
📉 Pattern: Descending Trendline Compression
ONDO has been forming consistent lower highs, creating a clear descending trendline structure.
Price is now pressing against this resistance, attempting a breakout with a strong 2D candle.
A confirmed breakout will occur once ONDO closes above $0.916 on the 2D chart, which also acts as a horizontal resistance.
✅ Bullish Scenario – The Start of a Mid-Term Reversal?
If the breakout is confirmed, we could see strong upward momentum, as there’s relatively little resistance in the upper zones.
🎯 Potential Targets:
1. $1.11 – First psychological and technical resistance.
2. $1.327 – Previous consolidation zone from Feb–Mar 2025.
3. $1.577 – Major supply zone before the heavy correction started.
4. $2.045 - $2.145 – All-time high area, the ultimate mid-to-long-term target.
📈 Note: Although not shown in this chart, RSI is likely leaving oversold territory, supporting the bullish momentum shift.
❌ Bearish Scenario – Classic Bull Trap Ahead?
If price fails to break and close above the trendline and $0.916, this could turn into a fakeout or bull trap.
📉 Possible downside levels:
$0.8399 – Minor support currently holding.
$0.70 – Strong horizontal demand zone.
$0.53 – Long-term support base, potential double bottom zone.
If momentum fades here, ONDO could revisit these lower areas before finding a true bottom.
🧠 Sentiment & Trading Strategy:
Breakout confirmation: Wait for a solid 2D candle close above the descending trendline and $0.916. Look for volume spike.
Conservative strategy: Enter on break + retest of the trendline, with SL below $0.83 and multi-level TPs.
Aggressive strategy: Enter on the initial breakout with dynamic trailing stops and resistance-based targets.
🏁 Conclusion:
ONDO/USDT is at a make-or-break moment. A confirmed breakout from this long-term descending structure may trigger a strong reversal with over 100% potential upside. However, if the market rejects this breakout attempt, it could extend its bearish trajectory.
Patience, confirmation, and disciplined risk management are key here.
📌 Key Levels to Watch:
Support: $0.8399 – $0.70 – $0.53
Resistance: $0.916 – $1.11 – $1.327 – $1.577 – $2.045 – $2.145
#ONDO #ONDOUSDT #CryptoBreakout #BullishSetup #AltcoinAnalysis #CryptoReversal #TradingViewSignals #TechnicalBreakout #DescendingTrendline #PriceAction
✅ Get Free Signals! Join Our Telegram Channel Here: t.me/TheCryptoNuclear
✅ Twitter: twitter.com/crypto_nuclear
✅ Join Bybit : partner.bybit.com/b/nuclearvip
✅ Benefits : Lifetime Trading Fee Discount -50%
✅ Twitter: twitter.com/crypto_nuclear
✅ Join Bybit : partner.bybit.com/b/nuclearvip
✅ Benefits : Lifetime Trading Fee Discount -50%
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
✅ Get Free Signals! Join Our Telegram Channel Here: t.me/TheCryptoNuclear
✅ Twitter: twitter.com/crypto_nuclear
✅ Join Bybit : partner.bybit.com/b/nuclearvip
✅ Benefits : Lifetime Trading Fee Discount -50%
✅ Twitter: twitter.com/crypto_nuclear
✅ Join Bybit : partner.bybit.com/b/nuclearvip
✅ Benefits : Lifetime Trading Fee Discount -50%
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.