ONDO Primed for Breakout: $1.25 Target in Sight as Bulls Take Control

Another day, another altcoin gearing up to moon—this time it's ONDO flashing bullish signals. Forget 'stable' returns—crypto's where the real adrenaline (and heartburn) lives.

Technical Setup Screams Green

The charts aren't just hinting at upside—they're screaming it. That $1.25 level isn't a hope; it's the next pitstop unless the bears stage a mutiny.

Market Mood: Greed with Extra Side of Leverage

Traders are piling in like this is the last bull run before SEC regulators finally grow teeth. Liquidity pools? More like shark tanks waiting to swallow retail whole.

Final Thought: ONDO's playing with momentum fire—just don't cry when volatility burns those diamond hands.

• ONDO trades at $1.02, with the price climbing despite a 23.74% volume drop.
• Support holds near $0.90, and the target resistance zone sits at $1.25.
• Open Interest is $468.30 million and rising, with the OI-Weighted Funding Rate at 0.0061%.

ONDO is showing impressive strength as it holds its upward trajectory despite mixed signals from the broader crypto market. The token price is up marginally by nearly 1.58% over the past 24 hours, trading at approximately $1.02 at the time of writing.

While the token is still down by about 2.16% over the past week, its trajectory still looks bullish in general, aided by both fundamental tech levels as well as market numbers.

Trading activity indicates mixed behavior. ONDO’s 24-hour trading volume stands at $334.91 million, a decrease of 23.74% in the last 24 hours. The daily chart indicates a recent breakout of the token over its main moving averages.

The price is still significantly higher than the 20, 50, 100, and 200-day EMAs, at $0.97, $0.90, $0.90, and $0.93, respectively. This alignment of price with moving averages shows buyers are still in control.

ONDO RSI Indicates Momentum Still Holding Strong

ONDO recently bounced back from a very important support area of $0.90 and is now attempting to establish its presence within the resistance range of $1.20 – $1.25. A clear-cut breakout of this barrier can offer a catalyst for a larger rally.

Momentum indicators are equally providing a bullish Optimism chart. RSI stands at 60.60, slightly resting from an overbought place but still significantly away from a neutral 50 mark, indicating that there is buying demand in place but not too much of it.

Both MACDs are still bullish, with the blue line some distance north of the signal line, favoring additional gains in place if momentum holds good.

Technically, the token is well-held above $0.90–$0.93. If it maintains current positions and reassumes $1.20 decisively, a breakout towards $1.25 and more is possible. On a short-term basis, the resistance region of $1.20 will be of paramount importance to track in the short term.

Volume Drops but Open Interest Signals Confidence

While ONDO’s volume is lower, dropping by 18.40% to $1.21 billion, open interest has increased by 1.50% to $468.30 million. This means traders are opening new positions and staying in the market, not exiting.

The ONDO OI-Weighted Funding Rate is moderately positive at 0.0061%, reflecting steady and strong bullish sentiment.

If the token maintains being priced over $0.90–$0.93 and breaks $1.20, it can realistically aim for $1.25 onwards in the future.

For now, ONDO’s consistent open interest and funding rate reflect consistent confidence from traders regardless of lower trading volume.