ONDO Prediction: Can ONDO Rekindle the Flame and Reach $1.50

ONDO price sustains high, maintaining a bullish outlook

• After forming a base near $0.8800, ONDO's price rose by 50% to a high of $1.3300.

• The #ONDO price reached its all-time high (ATH) and has decisively held gains at the top.

• The daily chart shows $ONDO trading within a Rising Channel Pattern.

• $ONDO faces resistance near the upper boundary of the rising channel on the daily chart, leading to a 16% retracement.

• This retracement is forming a Bullish Flag pattern on the 4-hour chart.

• According to Coin Gabbar analysis, If ONDO breaches this Bullish Flag pattern, it could push to a new high near $1.4000, aligning with the channel's upper trendline.

• Conversely, if the channel breaks lower, ONDO could test $1.0700 and potentially drop to $0.9900.

KEY LEVELS :

RESISTANCE LEVEL : $1.50000-$2.00000

SUPPORT LEVEL : $1.07000-$0.87000

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