$ONDO: Potential Reversal in Sight

ONDO: Potential Reversal in Sight

Signs suggest that ONDO may have reached the bottom of its consolidation phase, having fully retraced to its August 2024 lows. Momentum is shifting:

MACD is climbing toward the median — a breakout above could signal the start of an explosive uptrend.

RSI remains neutral, leaving room for a strong move in either direction.

Volume is near all-time lows, often a precursor to a breakout.

If the projected move plays out, the next resistance levels (based on Fibonacci ratios) are:

🔹 TP1: $0.94
🔹 TP2: $1.17
🔹 TP3: $1.35

📉 DYOR | Not financial advice.