Market Direction

Ondo - Technical Analysis

Published: Jun 27, 2025

Ondo has recently rejected from the $0.922 resistance zone and is currently trading below its 200 EMA on the daily timeframe. Despite short-term weakness, price is hovering just above a major weekly demand zone, suggesting this could be a healthy pullback within a broader bullish structure.

Key Levels

Upside Target: $1.04
Next Support: $0.8
Next Resistance: $0.9225
Downside Target : $0.75
Direction: Neutral

Ondo is trading below its 200 EMA at $0.98, indicating short-term bearish pressure. However, the RSI is beginning to rise and has moved above its average, showing signs of early momentum recovery. This suggests that while the current structure is still under pressure, there’s potential for strength to return, especially if price holds above key weekly demand levels.

Scenarios Ahead

Range & Accumulation: Price may continue to range between $0.806 and $0.922 in the short term. This would serve as a consolidation zone, possibly leading to a breakout if momentum builds.
Reclaim of 200 EMA: If ONDO reclaims the 200 EMA near $1.00 and flips it into support, that would be a strong bullish signal. This could open up the path toward $1.04 and beyond in a trend continuation move.
Flush into Weekly Demand: A breakdown below $0.806 and $0.747 could lead to a deeper dip into the weekly demand zone, which ranges from $0.75 to $0.60. The midpoint around $0.67 would be a key level to watch for a bounce.

Cryptonary’s Take

Ondo is showing short-term weakness, but the broader structure remains intact as long as the weekly demand zone holds. Watch for a reclaim of the 200 EMA to confirm bullish continuation. If that fails, deeper dips toward $0.67 could offer strong opportunities.