【$ONDO Signal】Healthy pullback after a strong breakout at the 1H level with a retracement

The $ONDO 1H level has experienced a massive rally and is currently in a high-level consolidation phase. The 4H level has formed a clear upward trend, with the price staying above all moving averages, while the 1H RSI, though still high, has fallen from the overbought zone, indicating a healthy correction in a strong market. Trading volume remains stable, suggesting that funds have not exited, and buying depth around 0.0842 is very solid, providing strong support for the price. The current price is far from the 1H EMA20, making chasing the high very risky. The best strategy is to wait for the price to retrace to a key support area for accumulation.

🎯Direction: Long (retracement pending order)

⚡Entry/Order: 0.0760 - 0.0777

🛑Stop Loss: 0.0740

🚀Target 1: 0.0820

🚀Target 2: 0.0850

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% and immediately move the stop loss to the entry price (break-even). The remaining position will be managed with a trailing stop to aim for higher targets. If the price retraces and hits the break-even stop loss, exit all positions.

(Depth Logic: The consecutive bullish candles on the 4H level confirm a trend reversal, and the massive surge on the 1H level indicates main capital involvement. Although current buy depth is slightly weaker than sell depth, there are dense orders at key support levels below, forming a natural buffer zone. The 1H RSI has fallen from a high of 81 to a healthy zone, preparing for another upward move. Combined with stable open interest, this is not a pump-and-dump but a typical shakeout after a rally. )

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