Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.
DOGE:
Market context
The initial buy box, which cost around $0.35, failed, with DOGE experiencing a deeper push down to $0.30. While this might seem like a bearish move at first glance, it actually aligns well with our bullish view of DOGE, especially considering the impressive move off the back of Trump's election win. This deeper dip offers even better pricing for higher upside potential, reinforcing the idea that DOGE remains a strong asset within its narrative.$0.30 significance
- This level holds strong historical importance on both the buy and sell sides.
- The recent catch of downside momentum at this level, combined with its historical relevance, suggests that $0.30 can act as solid support going forward.
Curious about DOGE's next move? Our DOGE price prediction offers a deep dive into market trends!
Playbook
Spot accumulation
$0.30 is now the primary accumulation level. Build positions here, as the level aligns with historical demand and has shown strength in catching downside momentum.Upside levels
- $0.35: A key level to reclaim as part of a move back into a bullish trend.\
- $0.43: The next resistance level to target on a breakout.
- $0.63: The mid-term target remains intact, reflecting DOGE's bullish momentum-driven narrative.
Cryptonary's take
DOGE's pullback to $0.30, while unexpected, is far from a negative development. Instead, it reinforces the opportunity to build a stronger support level with greater upside potential. The historical significance of $0.30 as both a buy and sell level adds to its reliability as a solid support zone.From a higher timeframe perspective, DOGE's price action remains strong, with no reason for concern. The current consolidation aligns with a healthy reset in the broader market, and DOGE holders would do well to accumulate here while keeping an eye on $0.35 as the next reclaim target. As always, stick to the plan and focus on the levels!
ONDO:
Market context
Ondo's weekly chart continues to show a strong bullish structure, with three clear swings forming higher highs and higher lows. This pattern is a solid signal of strength over the longer term and confirms the upward trend remains intact despite the current retrace.Price is pulling back from the $2.10 high and has dipped just below the $1.45 level. This level has been a key area for the asset, acting at an all-time high in the past and carrying significant psychological importance for both buyers and sellers. Seeing the price drop below $1.45 isn't negative- it's a natural retrace after the strong upward move.
In fact, these kinds of pullbacks can provide better opportunities to build positions. Looking further down, the $0.8650 level stands out as a strong potential support zone. Ondo has shown that it can swing deeply during retracements, with its last move down dropping around 60%. If that same kind of move plays out again, it would align with a dip from the highs to the $0.8650 level.
Given Ondo's smaller market cap and liquidity, these deeper swings are expected to provide opportunities for accumulation. Overall, the chart remains solid on the higher timeframes, and there's no reason to worry about the current retrace.
These kinds of moves are part of a healthy trend, and the levels below give those interested in Ondo a chance to take advantage of discounted pricing while staying aligned with the bullish structure.
Playbook
Spot accumulation
- Build positions around $0.8650 if the retracement continues.
Upside levels
- Focus on reclaiming $1.45 to resume the upward trend.
- $2.10 remains the next level to aim for on bullish continuation.
Cryptonary's take
Ondo is holding strong on the higher timeframes, and the current pullback is simply giving traders a better opportunity to get in. The $1.45 level is still a key point to watch for a reclaim, but if the price dips into $0.8650, it's a great opportunity to build positions for the next leg up.With its smaller market cap and liquidity, these kinds of deeper swings are normal for Ondo. Stick to the plan, focus on the levels, and be patient all about positioning for the long-term upside.
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