ONDO at a Crossroads: Can Bulls Push Price Back Above $0.94?
ONDO is facing increasing bearish pressure as its price drops 3.46% to $0.9211, falling below key short-term moving averages. The token now trades under both the 9-period EMA and TEMA, with RSI at 37.61 and MACD showing negative momentum—clear technical indicators of weakening bullish strength.
A breakdown below $0.90 could accelerate declines toward $0.88, while a recovery above $0.9434 may pave the way for rallies to $0.97 and $1.04. ONDO’s struggle reflects broader market softness, with Bitcoin’s stagnation NEAR $107,000 creating challenges for altcoins.