Bullish Reversal in Play – ONDO/USDT Weekly Chart
A clear Inverse Head and Shoulders pattern is forming on the weekly timeframe.
Price is currently breaking out of the neckline with strong momentum.
🔹 Left Shoulder: Formed with consistent volume support
🔹 Head: Deep correction followed by strong recovery
🔹 Right Shoulder: Higher low formation with bullish pressure
📈 Potential Target: $2.51 (+247%)
🛡️ Support Zone: ~$0.58
If this breakout confirms with weekly close above the neckline (~$0.90–$1.00),
we could be seeing the start of a major bull wave.
#ONDO #CryptoAnalysis #InverseHeadAndShoulders #Altseason #Breakout
A clear Inverse Head and Shoulders pattern is forming on the weekly timeframe.
Price is currently breaking out of the neckline with strong momentum.
🔹 Left Shoulder: Formed with consistent volume support
🔹 Head: Deep correction followed by strong recovery
🔹 Right Shoulder: Higher low formation with bullish pressure
📈 Potential Target: $2.51 (+247%)
🛡️ Support Zone: ~$0.58
If this breakout confirms with weekly close above the neckline (~$0.90–$1.00),
we could be seeing the start of a major bull wave.
#ONDO #CryptoAnalysis #InverseHeadAndShoulders #Altseason #Breakout
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