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In this analysis, I want to review the ONDO coin for you — one of the RWA projects, currently ranked 37th on CoinMarketCap with a market cap of $2.93 billion.
📅 Daily Timeframe
In the daily timeframe, as you can see, this coin has formed a range box between the levels of 0.7354 and 1.1933, and the price is currently sitting in the upper half of this box.
✔️ At the moment, the price is hovering around 0.9037, and it’s forming a higher low above 0.7354. If this low gets confirmed, the probability of breaking above 1.1933 increases.
⭐ The 1.1933 zone is a very significant supply level that was previously acting as support in late 2024, and after being broken, has since acted multiple times as resistance.
📊 If this area breaks, we can open a long position, or even buy this coin in spot. Personally, if this trigger is broken, I’ll open a long-term long position.
✨ The target for this position is 2.0565, and once the price reaches this level, we can take profits and consider a spot buy.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
In this analysis, I want to review the ONDO coin for you — one of the RWA projects, currently ranked 37th on CoinMarketCap with a market cap of $2.93 billion.
📅 Daily Timeframe
In the daily timeframe, as you can see, this coin has formed a range box between the levels of 0.7354 and 1.1933, and the price is currently sitting in the upper half of this box.
✔️ At the moment, the price is hovering around 0.9037, and it’s forming a higher low above 0.7354. If this low gets confirmed, the probability of breaking above 1.1933 increases.
⭐ The 1.1933 zone is a very significant supply level that was previously acting as support in late 2024, and after being broken, has since acted multiple times as resistance.
📊 If this area breaks, we can open a long position, or even buy this coin in spot. Personally, if this trigger is broken, I’ll open a long-term long position.
✨ The target for this position is 2.0565, and once the price reaches this level, we can take profits and consider a spot buy.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
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🤵 Business Contact: Tradecityproteam@gmail.com
🏆 Trade & Earn : bitunix.com/register?vipCode=TCPINT
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🤵 Business Contact: Tradecityproteam@gmail.com
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.
💥 Don’t Miss Out!
🏆 Trade & Earn : bitunix.com/register?vipCode=TCPINT
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🤵 Business Contact: Tradecityproteam@gmail.com
🏆 Trade & Earn : bitunix.com/register?vipCode=TCPINT
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🤵 Business Contact: Tradecityproteam@gmail.com
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.