A pattern that often precedes impulsive rallies may be taking shape on Ondo (ONDO). After months of sideways trade between $0.90 and $1.10, ONDO flushed to a low near $0.70 and now sits around $0.75 just as Bitcoin and Ethereum edge higher. If this is the classic Power of 3 cycle—accumulation, manipulation, expansion—then the next few sessions could decide whether bulls reclaim control or whether the shakeout extends.

What’s happening on ONDO right now

ONDO’s daily structure shows a long accumulation between $0.90–$1.10, a recent undercut to $0.70 marking a likely manipulation (false breakdown), and a current battle to reclaim the prior range. A sustained push back above $0.90 and especially a daily close above $1.10 would signal the possible expansion phase. With BTC/ETH green by roughly 1.5%, macro tailwinds could help—but they can also reverse quickly.

Why this setup matters to traders

When a Power of 3 pattern confirms, the expansion leg can be swift. For ONDO, a clean break and close over $1.10 opens a path toward the prior supply zone near $1.50. Conversely, failure to defend $0.70 risks a deeper base-building phase and time decay for long-biased trades.

The levels that matter

• $0.70: Line-in-the-sand support; loss invites prolonged consolidation or new lows.
• $0.75: Current pivot; holding above reduces downside pressure intraday.
• $0.90: Range re-entry; reclaim suggests the shakeout is fading.
• $1.10: Range high; a daily close above is the clearer bullish confirmation.
• $1.50: Next upside magnet if momentum expands post-breakout.

Actionable trading plan (for education only)

• Reclaim-and-hold: Wait for a 4H or daily close above $0.90 with rising volume; consider scaling in on a retest that holds.
• Breakout confirmation: Add or initiate only on a daily close above $1.10; invalidation below the breakout low or the retest low.
• Range-trade alternative: If price is capped below $0.90, nimble traders may fade moves toward the edges, with tight stops and modest targets.
• Risk controls: Keep position risk small (e.g., 0.5%–1% per trade). Volatility can spike around reclaim attempts.

What could invalidate the bull case

A decisive daily close below $0.70 would undermine the Power of 3 thesis and suggest the manipulation leg is morphing into a fresh downtrend. Also watch for weakening market breadth—if BTC/ETH roll over, ONDO’s setup loses tailwind.

Pro tips for timing

• Look for volume expansion on reclaim attempts; weak volume breakouts often fail.
• Daily RSI reclaim of 50 supports trend resumption; failure below 50 warns of chop.
• Monitor BTC dominance and funding; a risk-on rotation into RWAs can accelerate ONDO, but risk-off quickly caps upside.

Bottom line

ONDO is at a pivotal stage: hold $0.70 and reclaim $0.90–$1.10, and the expansion phase toward $1.50 comes into play; lose $0.70, and patience becomes the edge. Let confirmation come to you, and let risk management do the heavy lifting.

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