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#ONDO has broken above the descending channel on the daily chart and is currently testing the SMA50. The daily candle has not closed yet
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🗓️6. janvāris, 2026 ⏰ 1PM UTC (9 PM UTC+8)
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#ONDO has broken above the descending channel on the daily chart and is currently testing the SMA50. The daily candle has not closed yet — for continuation of the bullish move, a daily close above the SMA50 is required. If that happens, the potential upside targets are:
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Price is struggling to hold above the recent highs. Looking to catch a retrace toward support zones. Watching for continuation to the downside toward the lower targets #AltcoinMarketRecovery
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🤑 Daily Structure — Trendline Broken, Eyes on the Next Levels
$BTC Bitcoin officially broke below the daily trendline, so yeah — short-term weakness is now part of the picture. Since the level didn’t hold, the market looks ready to dip a bit lower, and all we do is watch the important zones
🔍 Key Levels to Watch
⏺ 92K–93K Zone This is the first solid support. We’ve seen demand here before, so a reaction is possible. No need to rush — just observe how price behaves
⏺ 0.5 Fibonacci (~87.5K) If the support above doesn’t hold, the next magnet is the 0.5 FIB area. BTC usually respects this level during mid-cycle pullbacks — nothing unusual
⏺ FVG around 85K There’s an unfilled Fair Value Gap sitting lower. With the current structure, price could dip into it. Even a quick wick toward 85K isn’t off the table if bearish pressure continues #CPIWatch
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