Analyst: ONDO sees V-shaped rally, short-term calls to $3.22
Bitget News, crypto analyst Ali said in a post on the X platform that from a macro perspective, ONDO is in the greed phase and rapidly moving towards the mania phase. According to the TD Sequential indicator, ONDO is unlikely to pull back significantly in the next three weeks, and its price could reach $5 to $7 in the coming months.
Meanwhile in the short term, ONDO has just broken above TD Sequential's risk line (a key bullish signal), and its recent decline was interrupted by buying, leading to a V-shaped recovery. While a brief pullback to $1.81 or $1.75 is possible, the short-term target is a move to $3.22 with further gains possible.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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