The analysis focuses on the ONDOUSDT pair, currently trading at approximately $0.905. The analyst interprets the chart structure as an AB pattern, but notes the upward movement from the June low appears as a three-wave move. The primary concern is the lack of confidence that a significant low is in place. The analyst is working with the thesis that the B wave bottomed in June, suggesting the pair is now in a C wave to the upside. A break above $1.12-$1.13 is needed to confirm a break above the range. A break below the upper red line invalidates the AB pattern. A larger support area for a wave two pullback is between $0.71 and $0.79. The June low at $0.62 is the larger invalidation point.