ONDOUSDT Is This the Beginning of a Parabolic Run?
ONDOUSDT has demonstrated impressive strength following a decisive breakout above the $1.5 resistance level. Notably, the recent market-wide dump had minimal impact on ONDOUSDT.P , with the previous resistance level now acting as robust support. This resilience, coupled with strong trading volume, suggests underlying bullish momentum. Traders are now eyeing a potential parabolic move towards the $4 target. However, it is crucial to exercise prudent risk management. Implement a strict stop-loss order below the recent swing low to protect profits and mitigate potential losses.
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