OVERALL TECHNICAL ANALYSIS ONDO/USDT

Combining Price Action with EMA (7, 25, 99), MACD, Volume, RSI, Bollinger Bands, Fibonacci Retracement

1. Identify the main trend of the market 1H frame (Short-term) The current price on EMA(7) and EMA(25) indicates that the short-term uptrend is still intact. EMA(7) is cutting above EMA(25) and lying below EMA(99), indicating increasing momentum but still potentially facing resistance from EMA(99). MACD is above the signal line, Momentum is increasing but the Histogram is beginning to contract => It may weaken gradually. RSI ~ 65, not yet in the overbought zone but also not much room for strong increase. Bollinger Bands: Price touches the upper band, there may be a short-term adjustment. 🔥 Short-term signal: There may be a slight correction, but there is no clear reversal signal yet.

4H frame (Mid-term) The price is near EMA(7) and EMA(25), close to EMA(99). If it breaks EMA(99), the uptrend will be stronger. EMA(7) and EMA(25) are heading upwards, signaling a continuation of the uptrend. MACD cuts up strongly, positive histogram => Strong momentum increase. RSI ~ 70, starting to enter overbought territory, may face short-term selling pressure. Bollinger Bands: The price expands upwards, a correction towards the middle band (~1.09 USDT) may occur. 🔥 Medium-term signal: The trend is upward but may experience a short-term correction before continuing.

1D frame (Long term) The new price exceeds EMA(7), EMA(25) but still below EMA(99) (~1.23 USDT), this is a significant resistance. MACD has a bullish crossover signal, but the histogram is still weak. RSI ~ 55, still has room to rise but not really strong. Bollinger Bands: Price touches the middle band, it may continue to rise if it holds above 1.09 USDT. 🔥 Long-term signal: Need to break EMA(99) (~1.23 USDT) to confirm the long-term uptrend.

1W frame (Overall trend) The main trend is still downtrend, the price is recovering but has not broken EMA(25) (~1.70 USDT). MACD is still below 0, no clear reversal signal yet. RSI ~ 45, still in the weak zone. Bollinger Bands: The price is close to the lower band, it may bounce back but cannot confirm a long-term uptrend yet. 🔥 Overall signal: The main trend is still downward, this could be a short-term rebound before continuing to decline.

2. Identify key support & resistance areas Support: 1.09 USDT (EMA25 on 1H, nearest support). 1.015 USDT (Break-even price + Fibonacci 0.618). 0.865 USDT (The recent bottom, strong support). Resistance: 1.206 - 1.257 USDT (Old peak, strong supply zone). 1.23 - 1.25 USDT (EMA99 above 1D, main resistance). 1.70 USDT (EMA25 on 1W, long-term resistance). 📌 Comment: The price is at a sensitive area, needs to break 1.23 - 1.25 USDT to increase more strongly.

3. Analyze candlestick patterns and Price Action 1H, 4H: The appearance of a Doji candle indicates market indecision. 1D: Bullish Engulfing candle confirms the recovery from 0.865 USDT. 1W: Last week's candle had a long lower shadow, indicating buying pressure but not yet confirming a reversal. 📌 Comment: Price Action supports the upward trend but needs further confirmation.

4. Analyzing technical indicators to confirm signals MACD: 1H, 4H: Rising but the histogram is starting to weaken. 1D, 1W: Currently recovering but long-term uptrend not confirmed yet. RSI: 1H, 4H: Entering overbought territory, could see a correction. 1D, 1W: Still room for growth. Bollinger Bands: 1H, 4H: Touch the upper edge, could go sideways or make a slight adjustment. 1D: Touching the middle band, it may continue to rise if it holds above 1.09 USDT. 📌 Comment: The trend is increasing but short-term adjustments need to be monitored.

5. Analyze the trading volume (Volume Profile) Volume increased sharply in the recovery phase from 0.865 USDT => There is a large flow of money in. 4H frame, 1D volume still maintains well, no signs of distribution yet. If the price continues to rise but the volume decreases, it could be a bull trap. 📌 Note: The volume is still okay but it is necessary to monitor the price reaction at the resistance zone.

6. Proposed trading strategy Case 1: The price continues to increase through 1.23 - 1.25 USDT ✅ Strategy: Buy when the price exceeds 1.25 USDT with large volume. Stop Loss: 1.09 USDT. Take Profit: 1.45 - 1.70 USDT. Case 2: Price adjustment before continuing to rise ✅ Strategy: Buy around 1.09 - 1.015 USDT in the support zone. Stop Loss: 0.85 USDT. Take Profit: 1.23 - 1.25 USDT. Case 3: The price drops to 1.09 USDT ✅ Strategy: Short if the price breaks 1.09 USDT. Stop Loss: 1.15 USDT. Take Profit: 0.86 USDT.

Summary of the assessment 📌 Short-term trend: Upward but may experience slight correction. 📌 Mid-term trend: Increase but need to surpass 1.23 - 1.25 USDT to confirm. 📌 Long-term trend: Still in downtrend, need to break 1.70 USDT to confirm reversal. 📢 Proposed strategy: Buy when the price exceeds 1.25 USDT or buy around 1.09 - 1.015 USDT if adjusted. Cancel the order if the price breaks down to 1.09 USDT. Take profit at 1.45 - 1.70 USDT if the price successfully breaks the resistance.