ONDO: Michaël van de Poppe Eyes $0.50 Target
ONDO trades at $0.38 as Michaël van de Poppe flags entries below $0.3650 and targets $0.50 on the next upward leg.
SourceAnalysis
ONDO sits at $0.38 after Michaël van de Poppe outlined a straightforward path higher, calling $0.50 the next target zone and flagging entries clearly below $0.3650 or $0.3450 on any market weakness.
Price action on the 4h chart shows a bullish structure with the EMA50 and EMA200 both anchored at $0.36, acting as firm support while the pair trades inside the Bollinger Bands between $0.35 and $0.41. With RSI at 52.98 remaining neutral and MACD printing a minor death cross at 0.01, the setup points to a measured push toward upper-band resistance at $0.41 before any deeper pullback tests the $0.36 confluence zone.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast