Bullish Reversal in Play – ONDO/USDT Weekly Chart
A clear Inverse Head and Shoulders pattern is forming on the weekly timeframe.
Price is currently breaking out of the neckline with strong momentum.
🔹 Left Shoulder: Formed with consistent volume support
🔹 Head: Deep correction followed by strong recovery
🔹 Right Shoulder: Higher low formation with bullish pressure
📈 Potential Target: $2.51 (+247%)
🛡️ Support Zone: ~$0.58
If this breakout confirms with weekly close above the neckline (~$0.90–$1.00),
we could be seeing the start of a major bull wave.
#ONDO #CryptoAnalysis #InverseHeadAndShoulders #Altseason #Breakout
A clear Inverse Head and Shoulders pattern is forming on the weekly timeframe.
Price is currently breaking out of the neckline with strong momentum.
🔹 Left Shoulder: Formed with consistent volume support
🔹 Head: Deep correction followed by strong recovery
🔹 Right Shoulder: Higher low formation with bullish pressure
📈 Potential Target: $2.51 (+247%)
🛡️ Support Zone: ~$0.58
If this breakout confirms with weekly close above the neckline (~$0.90–$1.00),
we could be seeing the start of a major bull wave.
#ONDO #CryptoAnalysis #InverseHeadAndShoulders #Altseason #Breakout
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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.