ONDO's +56% Trade Closed: Will the Breakout Hold?

ONDO's +56% trade has been closed after reaching its target at approximately $0.649, according to CryptoBullet1.

The trade ran from around $0.415 to a resistance high of $0.65 on Bybit, taking 123 days to set up and play out with precision.

At the time of writing, ONDO is trading at approximately $0.5333, roughly 18% below the target peak after price encountered resistance and pulled back.

The falling wedge breakout delivered a confirmed +56% gain from entry to target, and its validity now depends on whether the wedge breakout level holds as support on any retest.