$ONDO - Exclusive Coin Picks & Market Outlook

Starting now, I’ll be posting exclusive coins that I believe have the potential to outperform the broader market.

Macro Market Update: Inflection Point

We are still at a critical inflection point, with two possible scenarios:

1. Bearish: A breakdown that erases recent crypto gains, leading to a bear market.
2. Bullish Continuation: Accumulation followed by one last leg up—but only if BTC reclaims the yearly open.

Previously, I discussed the possibility of topping out—but for now, I am maintaining a cautiously optimistic stance. BTC is still within a multi-month trend and continues to retest key levels, keeping it on track. However, a break below $75K-$76K would force me to re-evaluate my outlook.

Market Update: A Cautious Approach, But Opportunities Lie Ahead

I won’t sugarcoat things too much here. The market isn’t looking great, and as long as the yearly open at $93k remains resistance, I expect to see lower prices ahead. That being said, there’s still room to analyze the situation and figure out how long we might

Zelf TradeSamuel Castellanos

For deeper insights, check out my last article on OTHERS, BTC.D, and stablecoin liquidity.

$ONDO – A New Setup Begins

🚀 Track the live price here:

$ONDO Back In Buying Territory - NEW ATHs on Q2 for CRYPTO:ONDOUSD by ZelfTrade — TradingView

ONDO is back in this buying zone. I’ve been waiting to fill the wick, and it’s in the process—at least for 50%. Stronger bids are sitting around 95 all the way down to 92, where I expect the price to trade above. Should have plenty of time, as I see this consolidating until the end of April, so no rush. LSE:ONDO BYBIT:ONDOUSDT

TradingViewZelfTrade

Macro View: Hidden Strength

ONDO is forming its first major consolidation since launch, but we can still extract key insights:

• Hidden strength: The chart is adding more bars to consolidation while holding above the previous mode at $0.70.
• No full retest: Unlike other alts, ONDO hasn’t revisited previous key levels.
• Key support: Holding above $0.85 increases the chances of a strong bullish breakout.
• Tight range = big move: If the monthly candle closes within this range, it could trigger an expansion bar in April—as tighter ranges tend to attract liquidity.

📉 Chart:

Weekly Outlook: Patience is Key

• The weekly trend remains down, with a potential expiration around April 21st.
• However, lack of follow-through to the downside suggests accumulation near sub-$1 levels.
• Price is aligning with the POC from the previous 8-bar mode and Weekly breaker.

💡 Key zone to hold: The yellow block on the chart—if it holds, even for another 4 weeks, this setup stays intact.

⚠️ Mental game: Time-based consolidations require patience. If the downtrend gets invalidated ($1.28-$1.30) or doesn’t break lower, we could be in for a higher push soon (Q2).

📉 Chart:

What I’m Watching in Q2

• Bullish signal: If ONDO holds above $1.24 later in Q2, things could get interesting.
• Current strategy: Accumulating in the mid-$0.90s zone with an exit if price trades below $0.90.
• Weekly vs Monthly: This setup is still against the weekly downtrend, but I'm banking on the monthly trend validating after Q1.

📉 Chart:

Final Thoughts

For now, we wait and track ONDO’s range. The breakout levels are clear:

• Above $1.24 → Bullish continuation, potential for new highs.
• Below $0.90 → Setup invalidated.

Anything in between? It’s range-bound trading territory—still valuable if you’re looking to trade within tight ranges.

Let’s see how this plays out. 🚀 Stay sharp!