ONDO Token Shows Oversold Signals Amidst Bearish Pressure
ONDO continues its downward trajectory, shedding 1.38% over the past 24 hours despite a 3.1% weekly gain. The token is currently trading at $0.3862 with a market cap of $1.21 billion, as trading volume plunges 39.78% to $40.36 million.
Technical charts reveal a persistent bearish structure since ONDO's 2025 all-time high (ATH) at $1.16. Fibonacci levels suggest potential support around $0.28. The Stochastic RSI's extreme oversold reading of 6.34/3.06 hints at a possible corrective rally, though significant resistance looms at $0.62, $0.73, and $0.86.