Technical analysis by davidjulien369 about Symbol ONDO: Buy recommendation (19 hour ago)

🟦 TRADE SUMMARY Pair: ONDOUSDT.P Trade Type: Buyside Trade Date: Sun 23rd Nov 25 Time: 2:00 pm Session: NY Session PM Timeframe: 1H 🟩 TRADE PARAMETERS Entry: 0.4788 Profit Level: 0.5291 (+10.50%) Stop Level: 0.4726 (–1.29%) Risk-to-Reward: 8.11 R 🟨 MARKET CONTEXT & STRUCTURE ONDO printed a multi-session liquidation leg, clearing sell-side liquidity down into the 0.45–0.46 zone. A double bottom + liquidity grab confirmed the exhaustion of sellers. Lower timeframes printed a 2-hour BOS, followed by an H1 BOS just before the NY PM expansion. EMAs are beginning to realign: 50 EMA curling upwards 200 EMA flattening We assume this signals a transition from bearish order flow → accumulation → early markup. 🟫 WYCKOFF ALIGNMENT PhaseONDO Price Behaviour Phase ASelling climax followed by AR Phase BLong consolidation + internal sweeps Phase CSpring (double bottom + liquidity grab) Phase DRally + BOS (your entry confirmation) Phase EMarkup toward premium levels 🟩 VOLUME & CONFIRMATION Volume spikes appear on impulsive bullish candles, especially at BOS points. Retracements into OB/FVG zones show volume compression, signalling: Absorption Programmatic accumulation No active distribution