ONDS: Bullish Recovery Meets the $9.75 Gatekeeper — $15.28 SeconOndas Inc.BATS:ONDSSarav_ONDS has produced a strong recovery from the $6.22 low. The bullish engulfing received follow-through, price reclaimed the $8.32 Wyckoff support level and the $8.58 pivot, and ONDS is now trading around $9.72. However, the easy part of the rebound may be over. Price is sitting directly beneath the R/VWAP level near $9.75 and the psychological $10.00 area. This is the first major test of whether the recovery can develop into sustained expansion or remains another rally inside a larger distribution range. Current Technical Condition The cockpit currently reads: • Bias: Bull · Strong • Candle: Watch • Regime: Neutral · EMA Mixed • Structure: Mixed • Location: Value • Flow: CVD proxy divergence • Relative volume: 0.74x · Dry • Command: AVOID This is a conflicting setup. Price action is bullish, but the broader structure and participation have not fully confirmed the move. The multi-timeframe regime shows the same conflict: • 30-minute: Uptrend • 1-hour: Uptrend • 4-hour: Uptrend • Daily: Chop • Weekly: Bullish pullback In simple terms, ONDS is tactically bullish but structurally unresolved. The $9.75–$10.00 Decision Zone ONDS is currently testing the R/VWAP area near $9.75. A temporary move above this level is not enough. Bulls need acceptance above approximately $9.75–$10.00 through: • A sustained close above the zone • Continued follow-through • A successful retest as support • Better participation than the current dry RVOL reading A clean breakout and hold above $10.00 would open the next expansion area near $10.50–$11.00. Above that region, the larger resistance targets become: $13.78 and $15.10–$15.28 These are the major overhead resistance zones shown by the current chart. Wyckoff Context The Wyckoff Event Map currently identifies: • Mode: Distribution • Phase: A • State: Automatic reaction confirmed — waiting for secondary test • Support: $8.32 • Resistance: $15.28 • Next expected event: Secondary test This is important because the current rally may be developing into a secondary test inside a broad distribution range. A move toward $13.78 or even $15.28 would not automatically confirm a new bullish markup. Under the current Wyckoff interpretation, that rally could still become: • A secondary test • A test of remaining demand • An upthrust • An UTAD-style liquidity event above resistance The purple dashed path on the chart is a conditional scenario map, not a guaranteed price forecast. The actual Wyckoff events must be confirmed by price, volume and subsequent reactions. Bullish Roadmap The constructive bullish sequence is: $9.75–$10.00 accepted → $10.50–$11.00 → $13.78 → $15.10–$15.28 A sustained breakout above $15.28–$16.00 would materially weaken the current distribution thesis. A brief spike above $15.28 followed by an immediate rejection would do the opposite and could become an UTAD-style liquidity sweep. Therefore, acceptance matters more than a single wick above resistance. Bearish Roadmap The immediate bearish sequence is: $9.75–$10.00 rejects → $8.58 retest → $8.32 support test A controlled pullback into $8.58–$8.32 would not automatically damage the recovery. That zone could provide another bullish entry if buyers defend it and price produces a confirmed reversal. However, sustained acceptance below $8.32 would weaken the near-term bullish thesis and return ONDS to the lower portion of the range. The deeper structural support remains: $6.22 A breakdown below $6.22 would invalidate the current recovery structure and materially increase the probability of a larger markdown phase. Trade Framework I am not interested in chasing the current candle directly into $9.75–$10.00 resistance, especially while relative volume remains dry. The cleaner bullish setups would be: 1. A confirmed breakout above $10.00 followed by a successful retest or 2. A controlled pullback into $8.58–$8.32 followed by a bullish reaction The main upside management zones are: • $10.50–$11.00 • $13.78 • $15.10–$15.28 The near-term bullish setup begins to weaken below $8.32. The broader recovery structure fails below $6.22. Final Assessment ONDS has generated a legitimate bullish recovery from the $6.22 low, but it has now reached the first major confirmation point. The chart is: Tactically bullish Structurally mixed Still operating under a Wyckoff distribution warning The most important immediate level is $9.75–$10.00. Bullish path: $10.00 holds → $10.50–$11.00 → $13.78 → $15.10–$15.28 Bearish path: $10.00 rejects → $8.58 → $8.32 → potential return toward $6.22 For now, this is a level-to-level recovery setup rather than a confirmed long-term breakout. Wait for acceptance above resistance or a confirmed defense of support. Do not confuse a projected Wyckoff path with a guaranteed outcome. Important Levels Resistance: $9.75, $10.00, $10.50–$11.00, $13.78, $15.10–$15.28 Support: $8.58, $8.32, $6.22 Disclaimer This analysis is for educational and informational purposes only. It is not financial advice or a recommendation to buy or sell any security. ONDS has historically displayed significant price volatility. Use independent risk management, appropriate position sizing and clearly defined invalidation levels.