ONDO Has Reached a Previously Identified Support Area – What Comes Next?
A few days ago, we discussed the $0.361–$0.373 zone as an area worth watching after $ONDO completed its breakout and retest structure.
https://preview.redd.it/8c0pvsyxhb4h1.png?width=1793&format=png&auto=webp&s=859510f9f388f8ef5246b2bdd97fbae5d120464b
[https://coinmarketcap.com/currencies/ondo-finance/](https://coinmarketcap.com/currencies/ondo-finance/)
Price has now pulled back into that broader region and is consolidating near support around $0.34–$0.35.
Some observations from the chart:
• Price is trading near a previously identified demand zone
• Downside momentum has slowed compared to earlier sessions
• RSI is showing early signs of stabilization
• The broader structure remains intact unless support breaks decisively
The key levels I'm watching from here are:
Support Zone:
$0.342–$0.355
Resistance Levels:
$0.364
$0.374
$0.438
What's interesting is that risk-to-reward improves significantly when assets revisit support rather than when they're extended after a breakout. Whether this becomes a meaningful bottom or simply a temporary pause remains to be seen.
Curious to hear what others think about ONDO's current market structure and whether this zone can attract enough demand for a move back toward higher resistance levels.
NFA | DYOR