ONDO Surges 11% as Bullish Momentum Builds

Ondo (ONDO) has recently shown signs of strength after rebounding from a key support level that has held firm for several months. The weekly chart indicates that ONDO is not only recovering but also poised for a significant upward move, particularly as it has respected its long-term trendline. The price of ONDO had been building a base just above the $0.60 range, which acted as strong support and formed a steady rising trendline. This trendline was tested several times between late 2023 and mid-2025, with each touch resulting in an upward bounce, creating what analysts refer to as “higher lows.”

Rose Premium Signals, a well-known market analyst, highlighted this pattern as a sign of strength. According to Rose, ONDO is a fundamentally strong token, and its ability to form higher lows while moving in cycles suggests that the coin is preparing for its next major rally. The analyst pointed out that ONDO has made two swing lows on the RSI, similar to patterns seen before previous breakouts, indicating a repeating structure that could lead to the next breakout.

ONDO's price recently surged by more than 11% and is now trading around $0.75. If this upward momentum continues, the next major resistance levels are at $1.29 and $1.76. The highest visible price level marked on the chart is just above $2.20, which would represent a strong rally from the current zone. The breakout from the recent consolidation looks clean, with the long sideways movement from March to August turning into a clear vertical move. ONDO has broken out of this structure with strong bullish candles on the weekly chart.

Rose Premium Signals also noted that ONDO might have finished its accumulation phase. If true, the current price action could mark the start of a new bullish cycle. Historically, ONDO has rallied hard after periods of sideways action, and the current setup seems similar. The momentum, volume, and price structure are all aligning, benefiting traders and investors who had been accumulating ONDO under $1. These investors are already seeing the early signs of their decision paying off.

ONDO's price is showing clear strength after bouncing off its long-term support line. With the price now aiming toward the $1.29 and $1.76 targets, there is a strong case that ONDO could be entering its next major rally phase. The repeating cycle and recent swing lows could be the exact structure that leads to the next breakout. If the bullish momentum continues, the run toward $2.20 may not take too long.