🚨 ONDO Crashed 90%… But Is This the Quiet Reversal Zone? 👀
📉 From Hype to Heavy Drop
ONDO went through a brutal correction. Nearly 90% down from its highs. The excitement cooled fast. Many traders moved on.
Now the price is hovering between 0.19 and 0.24 dollars. Right inside a major demand zone.
And this is where things get interesting.
🧱 The Structure Everyone Is Watching
Analysts say ONDO is sitting above its last major structural support around 0.171 dollars. That level is not just random support. It is the line that protects the long term bullish structure.
As long as price holds above it, the bigger picture stays alive.
Lose it… and the market may reprice much lower.
No pressure, right?
📊 Accumulation or Just Hope?
Some traders believe this looks like Wyckoff style accumulation. Slow movement. Tight range. Quiet volume.
The kind of price action that usually bores everyone before it surprises them.
ONDO has also retraced deep into its previous Fibonacci region, almost wiping out the entire bullish impulse. Historically, that is where patient money starts paying attention.
💰 The RWA Narrative Is Still Strong
ONDO is closely tied to the real world asset narrative. And that theme has not disappeared. Institutions are still exploring tokenized assets. The idea is very much alive.
If narrative momentum returns, ONDO could benefit fast.
🌋 The Real Trigger
The breakout level traders are watching is 0.47 dollars.
That is the zone where market structure would shift clearly bullish again.
A clean move above it could change sentiment very quickly.
After a 90% drop, even a partial recovery can feel explosive. Crypto math hits different.
What do you think about this?
#ONDO #CryptoNews #Altcoins #RWA