- ONDO’s $0.67 level may define its chance to move toward $0.88 or extend to $1.15 resistance.
- Market focus turns to ONDO’s structural base around $0.67 which could trigger a strong rebound.
- Traders track ONDO for a clean recovery pattern that may unfold if $0.67 holds firm this week.
ONDO is trading near $0.72 after declining 2.81% on Binance’s perpetual market. According to chart analyst Ali Charts, the token must stay above $0.67 to have a chance at rebounding toward $0.88 and possibly $1.15. The projection follows a steady downtrend that saw ONDO retrace from midyear highs.
Ali shared a daily chart showing strong resistance near $0.88 and $1.15, while $0.67 remains the last critical support zone. The price structure indicates traders are monitoring this range closely for a decisive shift in sentiment. The dotted projection on the chart suggests potential higher lows forming if the $0.67 mark is respected.
Momentum indicators reveal that the pair could regain strength once accumulation builds above the lower boundary. The $0.67 region may act as a springboard, as seen in earlier trading patterns from June and August.
Traders Weigh the $0.67 Level
Analyst Fadil 500 stated that maintaining structure at $0.67 is key for any market rebound. If ONDO holds around this base, traders expect momentum to rebuild rapidly. This sentiment is based on how traders typically react to clean support areas that have defined prior rallies.
“Momentum could rebuild quickly since traders watch those clean zones closely,” Fadil noted. He explained that establishing a solid base at this level helps maintain trader confidence for the next upward move. Such formations often serve as catalysts for a stronger market reaction in later sessions.
Another market participant, BAA RUT, mentioned that even if the $0.67 zone holds, resistance levels above could still delay profit runs. His comment suggested caution despite the bullish outlook, signaling that traders are watching for confirmation before placing larger positions.
Bullish Scenarios and Price Outlook
The projected path shows ONDO possibly rebounding toward $0.79 and $0.88 before encountering heavier resistance at $1.02 and $1.15. A strong defense at $0.67 could push the token into this recovery phase. Conversely, a break below that mark might lead to renewed selling pressure and lower trading volumes.
Ali’s visual forecast implies a zigzag path with consolidation before any major breakout occurs. Market psychology often aligns with these stages, where traders test critical zones repeatedly before trend continuation.
As of now, ONDO trades at $0.7230, suggesting the market remains uncertain but active. The next few sessions could determine whether accumulation or exhaustion dominates near current levels. Can ONDO sustain its structure above $0.67 long enough to ignite a full recovery toward $1.15? Traders await that answer as price action tightens within a narrowing range, signaling potential volatility ahead.




