Usman Salis
⬤ Ondas Holdings Inc. (ONDS) is testing a crucial breakout point at $16 that could define its next major move. Breaking through this resistance would hand control to the bulls and likely trigger a rally toward new highs. This level has been acting as a gatekeeper—once it's cleared, the path upward opens up significantly.
⬤ If ONDS pulls back, the $11.50–$10.50 range becomes the line in the sand. This zone represents a higher low where old resistance should now flip to support. A bounce here would confirm the uptrend is still alive and kicking, giving traders a chance to enter at a more attractive price before the next leg up.
⬤ But here's the catch—$10.50 is non-negotiable. Falling below this support would completely invalidate the bullish case and raise red flags about the rally's strength. A break under $10.50 could spark a momentum shift, opening the door to further losses or an extended consolidation period.
⬤ The next few sessions are make-or-break for ONDS. A decisive move above $16 would likely energize buyers and fuel another push higher. On the flip side, failing to defend $10.50 would signal weakening momentum and shift sentiment from bullish optimism to cautious wait-and-see mode.
Usman Salis
