Technical analysis by ferulianov about Symbol ONDO: Buy recommendation (1/31/2025)

ONDO is positioned within a symmetrical triangle, with upper resistance at 1.77972 and ascending support near 1.32120.If it breaks the triangle resistance, there is room to seek 2.14, the last significant top.🔸 Key support levels 1.446 / 1.32🔸 Key resistance levels: 1.64871 / 1.77972.🔸RSI: It is overbought, indicating a possible pullback before breaking resistance.🔸MACD: Buyer, close to an index, which may signal buying strength at the breakout.The uptrend is still valid if it remains above 1.44675, if it breaks 1.53369 it may lead to an accelerated rise, but it needs volume.