- ONDO/USDT holds above $0.90 support as bullish patterns suggest a breakout toward $1.40, supported by steady trendline strength and accumulation.
- Price action confirms a falling wedge, bull flag, and symmetrical triangle, aligning volume contraction with pre-breakout signals near $0.96.
- ONDO targets $1.42, $1.78, and $2.10 if trendline support at $0.82 holds, with market structure favoring continued upside momentum.
ONDO is holding above a key support zone after completing a sequence of textbook continuation patterns. Price action, volume behavior, and structural integrity all suggest the pair is primed for a breakout continuation.
Bullish Formations Align as Price Coils Near $0.96
Price structure on the daily chart shows three back-to-back continuation patterns: a falling wedge, bull flag, and now a symmetrical triangle. ONDO’s consolidation near the triangle’s midpoint aligns with tapering volume and ascending trendline support. These technical conditions create a tightly wound setup with rising breakout probability.
After a clear breakout from a mid-April falling wedge, ONDO climbed from $0.83 to $0.97, triggering bullish momentum. This upward leg transitioned into a bull flag pattern, where the price retraced within a parallel channel from late April to early May. The breakout above $1.00 marked the flag’s conclusion, confirmed by strong volume inflows.
From there, price entered a symmetrical triangle forming throughout May. Based on a TradingView analysis dated May 27, the triangle spans $1.06 to $0.91, compressing toward a breakout point. With ONDO currently priced at $0.9609 and volume contracting, the setup matches typical pre-breakout dynamics. Throughout, candles remain orderly, with upper closes and limited tail extension suggesting controlled volatility.
Support Structure Holds as Upside Targets Line Up
In the broader view, ONDO continues to respect a rising trendline extending from October 2023 lows. Rose Premium Signals notes that this trendline—now intersecting around $0.82—has provided reliable support through several pullbacks in 2025. Since April, the price has consistently stayed above $0.85, underscoring bullish control and breakout retention.
At the same time, consolidation above $0.90 throughout May suggests active accumulation at higher levels. Targets ahead remain clear: $1.4189, $1.7850, and $2.1034, each derived from historic resistance and structural pivots. Can this triangle resolution ignite a new rally toward the mid-$1.00s?
Moreover, ONDO’s intraday behavior supports the bullish case, long wicks signal buying interest, while closes remain firm. With all key patterns resolved to the upside and no signs of trend breakdown, momentum remains aligned. Provided the ascending trendline holds, the market structure favors continued upside toward prior highs.
