Noticing a potential reversal setup forming here, with a falling wedge pattern and the price holding around a psychological support zone.
$Ondas Holdings Inc.(ONDS)$ is showing some strength, especially with $SPDR S&P 500 ETF Trust(SPY)$ opening strong. However, buyers still need to show they can sustain momentum after the price was rejected at the 4-hour resistance level.
The key trigger I'm watching for is a break and close above $6.90.
If that happens, the next levels to watch would be $7.53 and then $7.94.
The structure looks to be improving. Now it's a question of whether buyers can turn this setup into a confirmed breakout.

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