ONDO Faces Bearish Pressure Despite Surging Institutional Inflows
ONDO's weekly chart continues its downward trajectory, with prices forming consistent lower highs and lows. The token struggles below the 9-week EMA at $0.6176, while immediate support levels hover NEAR $0.431. A break below this level could see prices test $0.40 or even $0.35.
Despite the technical bearishness, institutional interest appears to be growing. USD inflows into ONDO have tripled in 2025, suggesting long-term confidence in the asset. The SEC's recent submission regarding tokenized securities may further bolster adoption, creating a divergence between short-term price action and long-term fundamentals.
For any meaningful reversal, ONDO WOULD need to reclaim $0.50 decisively and close above the 9-week EMA. The upper Bollinger Band near $1.2042 remains a distant target for bullish traders.
