Technical analysis by behdark about Symbol ONDO on 20 hour ago

At the top, we have a hunt followed by a bearish CH, and then the formation of a neutral range, which represents our distribution phase. The price is near a resistance zone and has been rejected; therefore, it is expected to move toward our downside targets soon. The targets are marked on the chart. A daily candle closing above the invalidation level will invalidate this analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You