ONDO Holds Key Support as VWAP Breakout Eyes $3 Target
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ONDO News -
ONDO finds stability NEAR the $0.7428 support level, currently trading at $0.7647 with $124.77M in daily volume. A decisive breakout above the VWAP line could ignite momentum toward the $3 target, supported by historical patterns and macroeconomic tailwinds.
Despite recent dips of 1.67% (24h) and 1.70% (weekly), the token's consolidation phase indicates underlying strength. Analysts recommend cautious optimism, noting ONDO's correlation with broader market sentiment and liquidity conditions.
The Volume-Weighted Average Price (VWAP) indicator—a critical measure combining price and volume—hovers just above current levels. A confirmed breakout WOULD validate bullish momentum, potentially unlocking substantial upside potential.
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