ONDO Bearish Structure Holds Firm, But Stochastic RSI Eyes $1.04 Breakout

ONDO's technical picture is a classic crypto tug-of-war. The overarching bearish trend refuses to yield, yet a key momentum indicator flashes a potential reversal signal.

The Stochastic RSI's Bullish Signal

Buried within the downtrend, the Stochastic RSI is creeping out of oversold territory. This classic oscillator suggests buying pressure is building, setting a near-term target at the $1.04 resistance level. It's a trader's signal—not for the faint of heart, but for those watching the intraday charts.

The Dominant Downtrend

Don't mistake a single indicator for a trend change. The broader bearish structure—defined by lower highs and lower lows—remains firmly intact. Any move toward $1.04 currently looks like a counter-trend rally within a larger decline, the kind of setup that traps overeager bulls before the next leg down.

Active verbs define this space: prices *slice* through support, indicators *signal* shifts, and traders *position* for volatility. There's no 'enabling' here, just action and reaction.

So, will the Stochastic RSI lead a charge to $1.04, or is this just another head-fake in a bear market? Watch that level. A clean breakout could force a narrative shift, while a rejection would reinforce the downtrend—and likely provide another cynical lesson in why most 'momentum plays' are just well-dressed speculation.

Technical Trends Signal Bearish Momentum

ONDO has been generally declining since its high at $1.16 in the year 2025. There are lower highs and lower lows as depicted in the weekly chart, indicating strong bearish momentum. There appears to be consolidation at the psychological level around $0.50, as shown by the recent candles.

Fibonacci retracement levels are important and are marked at the following levels: 0.236 at $1.04, 0.382 at $0.96, 0.5 at $0.86, 0.618 at $0.73, 0.786 at $0.62, and the extension of 1.618 at $0.28. The crossing below the level of 0.786 at $0.62 of the current level implies that the bear trend may persist.

Indicating a possible corrective rally, the Stochastic RSI is extremely oversold at 6.34/3.06 levels. The key resistive levels are $0.62, $0.73, and $0.86, with a break above the $0.62 level indicating a possible relief rally. As for the key support levels, a break below $0.50 could trigger a further decline to $0.28 levels.

ONDO Gains Traction in Real-World Assets

ONDO is quietly making a significant impact in the Real-World Asset (RWA) space. The platform is featured in several top wallets, which indicates institutional interest. Binance has enabled the purchase of stocks and ETFs via the token and Xstocks. Gold and Silver are now available on-chain with the simple click of a button.

ONDO: RWAs ARE GOING GLOBAL$ONDO is quietly taking over the biggest wallets in the world.

Binance just enabled stock and ETF buys directly in-app via Ondo and Xstocks. You can now buy Gold and Silver on-chain with the click of a button.

While the market worries about… pic.twitter.com/H1L8i1ORtw

While others are concerned with the prices for the short term, the token and BlackRock are already looking into the future. The RWAs provide a true, long-term investment option. Those who recognize the value of this early are clearly getting a head start, and this is proof that the token is more than just a source for quick profit but a means for long-term financial gain.