$ONDO price is testing a critical support zone, and bulls are betting this retest could set up another leg higher. The daily chart shows $ONDO revisiting the former support-and-resistance area around $0.445–$0.472. If buyers defend the zone, the next upside levels stretch from $0.52 to $1.14. But the bounce still needs confirmation.
$ONDO Price Retests a Key Technical Zone
$ONDO has rebounded from its earlier lows and recently surged toward $0.59 before pulling back. Now, price is hovering around $0.472, near the marked green zone and $0.445 support level.
That area matters because it previously acted as a significant trading zone. If it holds as support, the current pullback could prove to be a retest rather than the start of another decline. Lose it, though, and the bullish setup becomes harder to defend.
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