ONDO price must hold $0.67 to preserve bullish potential toward $0.88 and $1.15 resistance zones. Market data shows ONDO trading at $0.7433, gaining 2.98% over 24 hours with steady liquidity. Lower volume may slow near-term recovery, but ONDO’s DeFi fundamentals remain stable.
ONDO price remains steady near key support levels as traders evaluate its potential recovery path. Recent technical data suggests that maintaining strength above $0.67 could open a rebound phase targeting $0.88 and possibly $1.15 in the coming weeks.
ONDO Price Holds Above Key Support
Analyst Ali (@ali_charts) shared a technical outlook on ONDO/USDT, identifying $0.67 as the decisive support level. His analysis notes that ONDO must defend this base to sustain upward momentum and avoid a slide toward deeper support zones near $0.58–$0.60.
ONDO is currently trading near $0.72 after retracing from mid-October highs. The level around $0.67 acts as a strong historical demand zone, where previous rebounds occurred in May and July. This setup defines a potential turning point in ONDO’s structure, reflecting accumulation interest among buyers.
If ONDO holds above $0.67, Ali’s projection indicates a gradual rebound, with price targets first at $0.88 and then at $1.15. The $0.88 region represents a long-standing resistance level that has capped rallies for months, while $1.15 aligns with the upper limit of ONDO’s trading range.
Market Data Points to Measured Rebound
Market data as of writing shows ONDO trading at $0.7433, reflecting a 2.98% daily gain. This move reflects early signs of stabilization after recent corrections, with fresh buying emerging near significant support levels.
The project's market capitalization is $2.34 billion, and fully diluted market valuation is $7.42 billion. Of the total supply of ONDO which is 10 billion, 3.15 billion tokens are distributed. The unlocked market cap of $3.61 billion indicates ongoing token distribution, though demand appears consistent across trading platforms.
Despite a 31.84% decline in daily trading volume to $68.49 million, ONDO maintains moderate activity with a Volume-to-Market Cap ratio of 2.91%. Its Total Value Locked (TVL) of $1.78 billion and Market Cap/TVL ratio of 1.31 show strong decentralized finance participation and network usage.
Technical Structure Signals Potential Recovery
Most recent trading sessions witness ONDO rebounding from levels near $0.724, forming a series of higher lows and suggesting possible stabilization in trends. The focus in the immediate term is on sustaining action above the $0.70–$0.74 level, which could act as a point of launch towards higher resistance levels.
Ali’s analysis outlines a two-phase recovery pattern—an initial retest near $0.67 followed by a gradual rise through $0.80–$0.88. The dotted trajectory in his chart reflects a measured recovery that aligns with ONDO’s historical trading rhythm and liquidity behavior.
Social trading analysis is also indicating optimism cautiously, noting new structure after a collapse of a contracting triangle. Bullish momentum could increase if ONDO closes consistently above $0.74–$0.75 levels but a drop below $0.72 could delay the recovery attempts. Sustaining buying and increasing volumes are essential for a move toward $0.88 and $1.15.