The 1-hour chart highlights ONDO consolidating at 0.2606, just above the critical 0.2540–0.2560 support band. This zone has proven resilient, serving as the line where buyers consistently defend against deeper declines.

The upward arrow projection points toward 0.2720, reflecting the market’s anticipation of a rebound if momentum builds. Candlestick formations reveal alternating pushes, suggesting balance but leaning toward bullish accumulation. Traders will be watching whether ONDO can secure closes above 0.2620, which would confirm strength and validate the rebound scenario. Should the support fail, sentiment could quickly turn bearish.

Overall, the chart favors an upside attempt, with the support zone acting as the launchpad for possible continuation toward the projected target. $ONDO

ONDOUSDT

Perp

0.3948

+3.70%