Technical analysis by MyCryptoParadise about Symbol ONDO: Buy recommendation (8/13/2025)

MyCryptoParadise

Yello, Paradisers! Is #ONDO getting ready for a powerful breakout, or are we about to witness yet another bull trap? Let’s break down the real picture on #ONDOUSDT: 💎After steadily climbing inside an ascending wedge, #ONDOUSD is now pressing against a key resistance area around $1.05–$1.07. A breakout above this zone would significantly boost the probability of a bullish continuation, especially with the 50EMA providing underlying support. 💎The immediate support zone to watch is between $0.84–$0.85, aligning with the lower boundary of the channel and overlapping with a visible demand area. This is where we expect buyers to defend the trend if any pullback occurs. 💎If bulls manage to hold this zone and break through the current resistance, our next upside target is the moderate resistance level at $1.34. From there, the strong resistance sits at $1.72, which will be the key decision point for any further upside momentum. 💎On the flip side, a breakdown below $0.72, our bullish invalidation level, would nullify this setup entirely and open the door for a deeper drop, where sellers are likely to step in aggressively. Stay patient, Paradisers. Let the breakout confirm, and only then do we strike with conviction. MyCryptoParadise iFeel the success🌴