#ONDOUSDT — Descending Wedge & High R/R ZoneONDO / TetherUSBINANCE:ONDOUSDTCryptoAnalystSignal#ONDO The price is moving within a descending channel on the hourly timeframe. It has reached the lower boundary and is trending towards a bounce. A retest of this boundary is expected. The Relative Strength Index (RSI) indicates a downward trend, and this trend is likely to continue due to the overbought condition. There is a key support zone in green at 0.2466. The price has bounced off this zone several times, making it a strong support level. The price is trending towards the 100-period moving average, which we are approaching. This trend supports an upward move. Entry Price: 0.2497 Target 1: 0.2543 Target 2: 0.2683 Target 3: 0.2633 Stop Loss: At the resistance zone in green Remember this simple rule: Money Management. Any questions, please leave a comment. Thank you.