ONDO Token Gains Momentum: Eyes $8 Amid Market Recovery
ONDO's price action shows cautious Optimism as it trades at $0.449, marking a 2.94% daily gain. The token's 18.87% weekly surge indicates renewed trader interest, though technical barriers persist. Volume growth of 21% to $86.16 million suggests accumulating momentum.
Market structure reveals a battle between bearish channel resistance at $0.485 and support NEAR $0.40. Analysts view the current uptick as a relief rally rather than a trend reversal, with CryptoPulse noting the persistent downtrend channel. The $0.40 zone emerges as critical support, aligning with historical liquidity pools.