ONDO/USD:Buy Zone for Bullish Continuation Targeting New Highs!

2024年12月13日

1. Instrument Identification
Instrument: ONDO Finance / USD (OND/USDT) from Coinbase.
Time Frame: Daily chart (1D).

2. Trend Analysis
Current Trend: Strong uptrend, indicated by:

• Recent Break of Structure (BoS) to the upside.
  
• Higher highs (HH) and higher lows (HL) forming.
  
• Significant bullish momentum with strong impulsive candles, suggesting institutional order flow is favoring upward movement.
  

3. Key Levels
Key areas based on the SMC/ICT framework:

Premium and Discount Zones:

Premium Zone: Above the equilibrium (1.949), identified as a high-probability reversal or selling zone.
Discount Zone: Below the equilibrium (1.113), considered optimal for buying in line with the bullish trend.
Resistance Levels:

Previous Day's High (PDH): Around 1.949, where liquidity might be resting.
Weak High: This high is likely to be taken out, as the trend indicates strength to the upside.
Support Levels:

Previous Week Low (PWL) and equilibrium around 1.113 serve as a demand zone and retracement target if price revisits lower levels.
Change of Character (ChoCh):

Bullish ChoCh confirmed as price broke above the previous significant swing highs, signaling a shift to a bullish structure.
Liquidity Pools:

Buy-side liquidity is likely above the weak highs, making the PDH a magnet for price.
Sell-side liquidity exists below the PDL and the previous swing lows.

4. Actionable Recommendation
Recommendation: Buy on Pullbacks (Bullish Bias)

Justification:
The price has broken structure to the upside (BoS), indicating institutional buying pressure.
The equilibrium and 0.618 Fibonacci retracement levels (1.113) are in confluence with a bullish order block.
Weak highs above PDH suggest liquidity resting there, making them a logical target for the bullish move.

Entry Strategy:

Look for a retracement to the discount zone (around 1.275–1.113) or a reaction at the equilibrium.
Confirm entry with bullish rejection patterns or lower-timeframe breaks of structure aligning with the daily trend.

Take Profit (TP):

TP1: 1.949 (Premium Zone and PDH).
TP2: 2.315 (-0.272 Fibonacci extension).

Stop Loss (SL):

Below the swing low or invalidation zone at 1.113.

Alternative Play (If you want immediate action):

If the price breaks above the PDH (1.949) and shows strong momentum, consider a momentum breakout trade with tight risk management.

2024年12月16日

交易進行

🚨 ONDO Token Unlock Alert 🚨

The ONDO token has a significant unlock event scheduled for January 18, 2025 (32 days from now). Key details to consider:

🔒 Amount to be Unlocked:

1.94 billion ONDO tokens
Equivalent to ~135% of the circulating supply
💰 Estimated Value:

Approximately $4.03 billion based on current valuations.
⚠️ Why This Matters:

Such a large unlock can significantly increase sell-side pressure, potentially causing downward price movements if holders decide to sell.
3 Allocations are involved, suggesting multiple stakeholders may release tokens.
📊 Current Locked Supply:

86% of ONDO tokens remain locked (~8.55 billion tokens).
Stay vigilant and manage your exposure accordingly. A surge in circulating supply often influences short-term price action and market sentiment. Plan ahead! 📉