ONDO Shows Strength as Technicals Signal Potential Rally to $1.25

Ondo (ONDO) is displaying resilience in a turbulent crypto market, recording a 3.41% gain over the past 24 hours and a 1.4% increase weekly. Currently trading at $1.02, ONDO's $3.22 billion market cap solidifies its status among leading mid-cap cryptocurrencies.

The token has established strong support between $0.75-$0.85, fueling bullish sentiment, while facing immediate resistance at $1.18-$1.20. A decisive breakout above this zone could drive ONDO toward $1.25, with further upside potential to $1.40 if bullish momentum continues.

Market participation is growing, with open interest rising 4.75% to $472.43 million, though daily trading volume has declined 41.57% to $94.23 million. The technical setup indicates consolidation within defined levels, with upward movement dependent on overcoming key resistance levels.