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Ondo Token Eyes Major Breakout: $1.12 Resistance Holds Key to Next Rally

Ondo Token Eyes Major Breakout: $1.12 Resistance Holds Key to Next Rally

Author:
Tronweekly
Published:
2025-09-04 16:00:00
7
3

Ondo consolidates at critical levels as traders watch for the decisive push above $1.12.

Technical Setup Signals Potential

The token's been coiling like a spring beneath that psychological barrier—every failed breakout attempt just building more potential energy. Market momentum indicators suggest we're approaching the tipping point where sideways action transforms into directional movement.

Volume Patterns Don't Lie

Trading volume's been quietly accumulating during this consolidation phase. Smart money's positioning while retail investors remain distracted by flashier assets—typical market behavior that often precedes significant moves.

Breaking Through the Ceiling

A clean break above $1.12 could trigger algorithmic buying and FOMO-driven momentum. The resistance level has been tested multiple times, making it weaker with each attempt—like a door that's been kicked too many times.

Because nothing says 'sound investment' like watching digital tokens bounce between arbitrary numbers while traditional finance guys pretend they understand the technology behind it.

ONDO

  • Ondo is trading under pressure, struggling near the critical $1 resistance.
  • Weekly and daily charts confirm persistent weakness through consistent declines.
  • Ondo Global Markets is expanding tokenized equities for global investors.
  • A breakout above $1.12 may trigger strong bullish momentum.

Ondo continues to mirror the broader market sentiment, showing sustained price weakness. Over the last 24 hours, the token dropped 4.37%, extending its struggles on the weekly scale with a 1.42% decline. At the time of writing, the token is trading at $0.9290, holding just below the $1 threshold.

Source: CoinMarketCap

Trading volume stands at $179.89 million, marking a 19.98% decrease in the past day. This dip in activity reflects fading short-term interest, even as the market capitalization remains firm at $2.93 billion. The combination of slowing demand and continued range-bound movement signals cautious trading behavior, with participants waiting for a clear direction.

Expansion Through Ondo Global Markets

Despite weak token performance, ONDO Finance continues to build its ecosystem. The launch of Ondo Global Markets introduces tokenized versions of more than 100 US equities and ETFs on Ethereum. These assets, backed by US-registered broker-dealers, bring real-world financial exposure into decentralized finance.

1/ Wall Street 2.0 is here.

Ondo Global Markets is now live, providing one of the largest-ever selections of tokenized U.S. stocks & ETFs onchain with the liquidity of traditional finance, starting on @Ethereum.

100+ assets now live, with hundreds more on the way. pic.twitter.com/caHhT0gRX5

Ondo Finance (@OndoFinance) September 3, 2025

The platform enables minting and redemption five days a week, with easy transfer across wallets, exchanges, and DeFi protocols. Apple and Nvidia are among the first offerings, though access is limited to non-US investors in regions such as Asia-Pacific, Europe, Africa, and Latin America.

By late 2025, the offering would expand to over 1,000 assets with chain-to-chain interoperability using solana and BNB Chain. Partnerships with BitGo, Ledger, Chainlink, and OKX Wallet also contribute to the credibility of Ondo in tokenized finance.

Price Outlook Hinges on $1.12 Resistance

Weekly chart for the token shows the token holding stable in a narrow range. Price has been steadily maintained above the $0.85 where the accumulation pressure is high. Buyers appear determined not to let this area go, with smaller wicks on the recent candles showing resistance.

Major resistance is at $1.12, where rallies have been subdued multiple times. If the price breaks through this point, the market could turn bullish. With strong trading volume, the next targets WOULD be $1.30 and $1.35, and even $1.60 on sustained momentum.

Source: X

Failure to reclaim $1.12 would cause the token to get stranded in consolidation, with a breakdown below the $0.85 level likely to initiate the downshift towards $0.75. Sentiment is bullish for now, but the deciding factor is whether the token will successfully break through its obstinate resistance.

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