Analyst: ONDO has seen a V-shaped rebound, bullish in the short term to $3.22
ChainCatcher news, crypto analyst Ali posted on the X platform stating that, from a macro perspective, ONDO is in the greed phase and is rapidly moving towards the euphoria phase. According to the TD Sequential indicator, ONDO is unlikely to experience a significant pullback in the next three weeks, with its price potentially reaching $5 to $7 in the coming months.
At the same time, in the short term, ONDO has just broken through the risk line of the TD Sequential (a key bullish signal), and the 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 to rise to $3.22, with the potential for further increases.
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