ONDO/USDT Technical Analysis: Breakdown ConfirmedONDO / TetherUSBINANCE:ONDOUSDTsaidabonuHeadline: ONDO Breaks Below Symmetrical Triangle – Target $0.20 Zone 🚀 Market Overview: After a period of consolidation within a symmetrical triangle pattern on the 4-hour (4H) timeframe, ONDO has officially confirmed a bearish breakdown. Despite several "Doji" candles showing indecision near the support line, the latest candle has closed firmly below the pattern, signaling a shift in momentum. Technical Indicators: Price Action: We have a clear 4H candle body close below the ascending support line. This validates the breakdown and opens the door for a deeper correction. RSI (Relative Strength Index): The RSI is currently at 41.94, trending well below the 50 neutral mark. This confirms that sellers are now in control of the market. Moving Averages: The price is struggling to stay above key short-term levels, reinforcing the bearish outlook. 🎯 Trade Setup: Entry Zone: Current Market Price ($0.2530 - $0.2550) or on a minor retest of the broken trendline. Take Profit 1: $0.2224 (Major support level). Take Profit 2: $0.2018 (Key psychological and historical demand zone). Stop Loss: $0.2750 (Daily close back inside the triangle invalidates this setup). Conclusion: The bearish structure is now confirmed. However, always keep an eye on BTC movements, as a sudden market-wide bounce could affect Altcoin setups. Manage your risks accordingly!