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$ONDO Just Pumped 29% - $0.60 Next After BlackRock News? ๐
$ONDO is back in the spotlight after a massive 29.36% surge, currently trading around $0.5494. The rally came after Ondo announced three new tokenized portfolios built on strategies created by BlackRock, which has renewed interest in the entire RWA sector.
Looking at the 15m chart, the move is very clear. The price bounced from $0.5161 and went straight to a 24h high of $0.5793 with huge volume. 24h volume crossed 2.15B ONDO and 1.10B USDT, which shows real buyer interest, not just a fake pump.
Technically, ONDO is still holding above the SuperTrend (10,3) level of 0.5447, which is acting as immediate support. The chart shows a strong green cloud, meaning bulls are still in full control. After hitting $0.5793, we saw some profit-taking and price is now consolidating around $0.55 - this is healthy.
The key levels to watch now are $0.5447 as strong support and $0.5793 as breakout resistance. If ONDO holds above the SuperTrend and volume stays high, another leg towards $0.60 and $0.65 is highly possible. This could be the start of a bigger RWA rally.
This is a strong bullish structure. Smart traders are watching the support retest for entry.
Are you buying ONDO for $0.60 or already in profit?