$ONDO is starting to look interesting again, but the important part isn’t the +4% today — it’s what price has been doing underneath it. After spending days stuck in a weak range and repeatedly failing to hold higher levels, ONDO has finally started climbing back toward the area where sellers have been showing up.
On the 1H chart, the bigger picture still shows the damage from the drop from $0.4282, but the recent structure is looking healthier. Price found buyers around the $0.33–$0.34 area, started making higher lows, and has now pushed back above $0.36. That matters because it shows buyers are slowly taking back ground instead of just producing another one-candle bounce.
Now that price is around $0.3694, I’m watching the $0.375–$0.390 area closely. The first test is around $0.3765, which is also the current 24H high. If ONDO can break through that area and actually hold above it, the next move toward $0.40–$0.41 becomes possible. That would put the old $0.4282 high back into focus.
But that only works if buyers keep building on this recovery. If price gets rejected around $0.375–$0.390, I’d expect the first pullback toward $0.35–$0.36. That area is important because holding it would keep the recent higher-low structure intact. Losing it would make me more cautious and could send ONDO back toward the $0.33–$0.34 demand area.
So for now, I’m not calling this a full reversal yet. I like the way the structure is improving, but I want to see how price reacts around $0.375–$0.390 first. A clean break and hold there would make this recovery much more convincing, while rejection would simply mean ONDO is still stuck inside the larger range.
Current Price: $0.3694
24H Change: +4.06%
24H High: $0.3765
24H Low: $0.3525
24H Volume: $12.03M USDT
Timeframe: 1H
Spot only. DYOR, not financial advice.
On the 1H chart, the bigger picture still shows the damage from the drop from $0.4282, but the recent structure is looking healthier. Price found buyers around the $0.33–$0.34 area, started making higher lows, and has now pushed back above $0.36. That matters because it shows buyers are slowly taking back ground instead of just producing another one-candle bounce.
Now that price is around $0.3694, I’m watching the $0.375–$0.390 area closely. The first test is around $0.3765, which is also the current 24H high. If ONDO can break through that area and actually hold above it, the next move toward $0.40–$0.41 becomes possible. That would put the old $0.4282 high back into focus.
But that only works if buyers keep building on this recovery. If price gets rejected around $0.375–$0.390, I’d expect the first pullback toward $0.35–$0.36. That area is important because holding it would keep the recent higher-low structure intact. Losing it would make me more cautious and could send ONDO back toward the $0.33–$0.34 demand area.
So for now, I’m not calling this a full reversal yet. I like the way the structure is improving, but I want to see how price reacts around $0.375–$0.390 first. A clean break and hold there would make this recovery much more convincing, while rejection would simply mean ONDO is still stuck inside the larger range.
Current Price: $0.3694
24H Change: +4.06%
24H High: $0.3765
24H Low: $0.3525
24H Volume: $12.03M USDT
Timeframe: 1H
Spot only. DYOR, not financial advice.
