【$ONDO Signal】Pullback to add longs + 1H strong breakout with healthy retracement

$ONDO The 1-hour timeframe has experienced a massive rally and is currently consolidating strongly at high levels. The price has stabilized above the 1-hour moving average, and the 4-hour timeframe has formed a clear upward trend. Stable trading volume indicates that funds have not significantly withdrawn, which is a typical characteristic of a strong coin. The current price has moved far away from the optimized entry zone, making chasing the high extremely risky. A healthy retracement is necessary.

🎯Direction: Long (pullback orders)

⚡Entry/Order: 0.0779 - 0.0797

🛑Stop Loss: 0.0755

🚀Target 1: 0.0855

🚀Target 2: 0.0890

🛡️Trade Management:

- Execution Strategy: If the order is filled, reduce 50% of the position after reaching Target 1, and move the stop loss up to the entry price. Hold the remaining position to aim for Target 2. If the price retraces and falls below the trailing stop, exit decisively.

Deep Logic: The 4-hour chart has broken through the previous consolidation platform, indicating a trend reversal to bullish. The RSI on the 1-hour chart has fallen from overbought territory to a healthy zone, preparing for another upward move. Market depth data shows strong buy support below, with solid support levels. Market logic suggests the price will rise further. Combined with stable holding volume, this appears more like a shakeout after a main force's push-up rather than distribution. A retracement to the key 1-hour moving average support area is an excellent second entry opportunity.

Check real-time market 👇 $ONDO

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