ONDO Token Targets $1.10 After Bullish Breakout and 17% Weekly Surge
ONDO has surged 17.88% over the past week, demonstrating strong bullish momentum as it breaks out of a falling wedge pattern. Trading volume jumped 63% in 24 hours, reinforcing investor confidence in the asset.
The token currently trades at $0.9148 with $232.57 million in daily volume, while its $2.89 billion market cap solidifies its position as a competitive mid-cap player. This outperformance comes despite broader crypto market stagnation.
Technical analysis shows a classic bullish setup—higher lows and highs culminating in a decisive breakout above the $0.825 resistance level. The volume-backed MOVE suggests sustained upside potential, with $1.10 now in sight.