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ONDO at Critical Juncture: Traders Watch $1.135 Breakout Level
ONDO at Critical Juncture: Traders Watch $1.135 Breakout Level
ONDO News - Ondo Finance's ONDO token is trading at $0.915 after a 2.4% decline, with its $1.27 billion market capitalization reflecting ongoing selling pressure. The asset currently balances between immediate support at $0.874 and a crucial resistance zone around $0.955. Derivatives markets present mixed signals - trading volume increased 17% to $1.05 billion while open interest decreased 5%. A decisive close above $1.135 WOULD confirm bullish continuation, potentially triggering parabolic movements. Conversely, failure to maintain $0.874 could lead to a return to consolidation patterns.
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