- ONDO remains above its ascending 4H trendline, showing strong structure as buyers continue defending short-term support levels effectively.
- The horizontal resistance zone at $0.84–$0.85 aligns with SMA and EMA, serving as the key area for potential bullish breakout.
- A confirmed breakout above $0.85 could propel ONDO toward $0.90–$0.95, unlocking prior liquidity and validating the ongoing bullish momentum.
ONDO analysis shows the token maintaining its upward trajectory as price action continues to respect the ascending trendline on the 4-hour chart. The structure remains intact, with traders closely observing whether ONDO can flip its nearby resistance zone into support.
ONDO Holds Firm Above Ascending Support
According to market observations from Alpha Crypto Signal, ONDO continues to display resilience around its ascending trendline support, which has guided the price higher since early October. Each test of this base has attracted renewed buying interest, confirming consistent bullish defense in this zone.
Currently, ONDO trades just above $0.77, hovering precisely along this rising base. The ongoing pattern indicates that short-term momentum is still controlled by bulls as they attempt to sustain the constructive structure. This technical setup shows that the market remains responsive to key support levels.
While the overall tone remains cautiously positive, traders are now watching the horizontal resistance area between $0.84 and $0.85, as this range has repeatedly capped upside attempts. Holding above the ascending base is critical for the continuation of this structure.
Resistance Zone Near $0.85 Holds the Key
The $0.84–$0.85 range has emerged as a major supply area where sellers tend to reappear. This zone aligns with the 50 SMA and 9 EMA, adding technical confluence to its relevance. Market participants consider a clean breakout above this region as confirmation of renewed bullish control.
If ONDO successfully clears this zone and establishes support above it, momentum could shift strongly in favor of buyers. Such a development would open the door for a move toward $0.90–$0.95, an area where previous liquidity was concentrated before the recent pullback.
Until this breakout occurs, the focus remains on how price behaves around the resistance cluster. Sustained rejections from this level could slow short-term advances, while a decisive close above it may validate the broader bullish structure.
Trendline Support Defines ONDO’s Short-Term Outlook
As the trendline remains intact, ONDO’s short-term outlook is shaped by how well this support continues to attract buyers. A consistent defense of this base reinforces the broader upward bias observed in recent sessions.
However, if the ascending support eventually fails to hold, short-term sentiment could weaken. Such a breakdown might expose the next immediate support levels around $0.73–$0.70, where price previously stabilized during earlier corrections.
For now, ONDO remains at a technical crossroads. Holding above the ascending line sustains the constructive outlook, but only a confirmed breakout above $0.85 would establish a clear bullish continuation and validate a potential long setup.