ONDO is reacting around the 50% retracement level with two clear scenarios in play. The market is balancing between a potential bullish breakout toward equal highs or a bearish continuation into unmitigated demand.
Bullish Scenario:
Hold above P1D Low (~0.9750)
Break strong high (~1.0150) → Target Equal Highs (~1.0850) for liquidity sweep
Bearish Scenario:
Fail to hold P1D Low → Break equal lows (~0.9580)
Continue drop into OB / Unmitigated Demand (~0.9350) from the left side
Key Levels:
🟢 P1D Low: 0.9750
🔴 Equal Highs: 1.0850
🟢 OB Zone: 0.9350
💬 Which way do you see ONDO moving from the 50% zone — up to equal highs or down to demand?
Bullish Scenario:
Hold above P1D Low (~0.9750)
Break strong high (~1.0150) → Target Equal Highs (~1.0850) for liquidity sweep
Bearish Scenario:
Fail to hold P1D Low → Break equal lows (~0.9580)
Continue drop into OB / Unmitigated Demand (~0.9350) from the left side
Key Levels:
🟢 P1D Low: 0.9750
🔴 Equal Highs: 1.0850
🟢 OB Zone: 0.9350
💬 Which way do you see ONDO moving from the 50% zone — up to equal highs or down to demand?
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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.