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BTCC / BTCC Square / Global Cryptocurrency /
ONDO Breaks Critical Support, Eyes $0.22 as Bearish Momentum Accelerates

ONDO Breaks Critical Support, Eyes $0.22 as Bearish Momentum Accelerates

Author:
Global Cryptocurrency
Published:
2026-02-23 10:04:07
5
2
ONDO News -

Ondo Finance (ONDO) has broken below a key technical support level, triggering a 6% decline that now threatens to push the token toward the $0.22 zone. The breakdown below a broadening wedge pattern signals accelerating bearish momentum, with the previous $0.26 demand area failing to hold.

The token currently trades at $0.2509 with a $1.21 billion market cap, having lost 5.25% over the past 24 hours. While the RSI reading of 27.81 confirms oversold conditions, persistent selling pressure may drive prices lower before any meaningful recovery materializes. For long-term holders, this could present a potential accumulation opportunity once the selling pressure subsides.

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