Hey TradingView Fam! 👋 Let's analyze ONDO/USDT on the 1-Hour timeframe. Price is maintaining a strong bullish structure, currently retracing after breaking above our 'Day High' and 'Bullish Bias' levels.
Key Structural Zones:
Immediate Demand (OB) 🔵: Price is currently interacting with our key demand Order Block around $1.037 - $1.057, which should act as support.
Deeper Demand (POI) ✨: A deeper pullback might target our 'POI' around $0.99 - $1.02, potentially sweeping liquidity ('X').
Upper Supply (OB) 🔴: The primary bullish target for continuation is the supply zone around $1.12 - $1.13.
Scenarios:
Continuation 🚀: A strong bounce from the current OB (~$1.037 - $1.057) towards the Upper OB.
Optimal Entry ⬇️: A deeper retracement to the 'POI' (~$0.99 - $1.02) offering a high-probability long entry for the next leg up.
Always confirm your entries. Manage risk meticulously. 🛡️📊
Key Structural Zones:
Immediate Demand (OB) 🔵: Price is currently interacting with our key demand Order Block around $1.037 - $1.057, which should act as support.
Deeper Demand (POI) ✨: A deeper pullback might target our 'POI' around $0.99 - $1.02, potentially sweeping liquidity ('X').
Upper Supply (OB) 🔴: The primary bullish target for continuation is the supply zone around $1.12 - $1.13.
Scenarios:
Continuation 🚀: A strong bounce from the current OB (~$1.037 - $1.057) towards the Upper OB.
Optimal Entry ⬇️: A deeper retracement to the 'POI' (~$0.99 - $1.02) offering a high-probability long entry for the next leg up.
Always confirm your entries. Manage risk meticulously. 🛡️📊
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.
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.