【$ONDO Signal】Long - 1H pullback confirmation, main force clearly intends to support the market

$ONDO The 1H timeframe has experienced a violent surge of 31% yesterday and is currently in a healthy flag consolidation phase. The price is oscillating within the 0.112-0.117 range, with the 1H EMA20 (0.1097) providing strong support. The 4H level has stabilized above the EMA20 (0.0957), and the trend has shifted from bearish to bullish. Currently, the order book depth shows buy orders significantly thicker than sell orders (depth imbalance of 33.6%), and open interest remains stable, indicating that main capital has not exited but is actively supporting the market at this price level to accumulate for the next rally.

🎯 Direction: Long ( Long )

🎯 Entry/Order: 0.1135 - 0.1145 ( Reason: 1H candlestick retraced to confirm the zone, close to dense trading support zone )

🛑 Stop-loss: 0.1095 ( Reason: Break below the 1H EMA20 and the lower boundary of yesterday’s surge consolidation platform )

🚀 Target 1: 0.1195 ( Reason: Previous high resistance level, also a recent high on the 4H timeframe )

🚀 Target 2: 0.1250 ( Reason: Based on ATR calculation, 1.5 times volatility extension level )

🛡️ Trading Management:

- Position suggestion: Light position ( Reason: Significant intraday rally, extremely high volatility, risk control needed )

- Execution strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop-loss to the entry price (break-even). If the price strongly breaks through 0.1195 and stabilizes, the remaining position target can be set at 0.1250.

Depth logic: Funding rate of 0.0554% is positive but not in the danger zone, low risk of liquidation. The 1H RSI (63.42) has fallen back from overbought territory to a healthy zone, leaving room for further upward movement. Key point is the accumulation of buy orders in the order book (a large buy order of 27395 at 0.11366), indicating strong support below. Coupled with the 4H volume breakout of the descending trendline, this correction is an excellent opportunity for trend-following low buy-in, aiming for a secondary upward attack after consolidation.

Trade here 👇 $ONDO

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