$ONDO: Trendline Breakout Could Trigger a +20% Swing LongONDOUSDTPERP PERPETUAL MIX CONTRACTBITGET:ONDOUSDT.PCryptoracleroLooking at the 2H chart, ONDO is positioning itself for a potentially explosive move after a clean defense of its macro support floor. The Setup & Trigger Price recently printed a solid bottom inside the $0.34 demand block, catching an accurate cluster of green buy signals from the indicator suite. Since then, it has recovered well and is now compressing tightly right under a clear descending trendline. This trendline is the ultimate line in the sand for the bears. We are keeping a close eye on this structure for a potential swing long execution. - The Trigger: A clean candle close above the descending trendline to confirm the local market structure shift. - The Target: Once the breakout is secured, there is a clear liquidity run up to the next logical horizontal resistance zone at $0.46, offering a sweet ~20% upside move. - Risk Management: Invalidated if the breakout fails and price prints a clean close back below the local consolidation base / trigger level. Keeping this one on strict radar. Let the breakout confirm before jumping in. Disclaimer: Personal trading view based on chart structure. Not financial advice.