ONDO Technicals: Low Volume Suggests Accumulation Around $0.26; Watch $0.254 Support

Published: 2026-02-22 20:31:42 |

ONDO (ONDO/USDT) is trading at $0.2726 amid a short-term downtrend but with notably low 24-hour volume (~$23.8M), well below the 7-day average (~$35M). Volume profile shows a Point of Control near $0.26, indicating a potential support/accumulation zone and irregular high-volume blocks between $0.26–$0.27 consistent with whale buying. Technical indicators: price below EMA20, RSI around 41–44 (near oversold), and a bullish MACD histogram divergence. Analysts flag accumulation signals if volume remains subdued; a volume breakout above ~$30M (or sustained upswing with RSI >50) would confirm bullish momentum and could target $0.33–$0.3682. Distribution risk remains if down-move volume spikes (e.g., $40M+) or if Bitcoin weakens substantially — ONDO has high correlation with BTC (≈0.85), so BTC drops below key supports ($67k–$60k) could push ONDO under $0.2543 toward $0.22. Short-term trade plan: watch $0.2543 support for bounce; confirm longs on volume >$30M + RSI >50. Longer-term upside to $0.40+ requires sustained volume and macro support. Analysis credited to Sarah Chen and Chief Analyst Devrim Cacal. Not investment advice.

Bullish

The article emphasizes low-volume down moves, a POC around $0.26, bullish MACD divergence, near-oversold RSI and whale-style high-volume, low-volatility blocks — all classic accumulation signals. Volume is the key trigger: a sustained volume breakout above ~$30M or rising RSI (>50) would validate buying pressure and likely push ONDO toward the cited bullish targets ($0.33–$0.3682). Distribution risk exists if sell-side volume surges (e.g., $40M+) or if BTC suffers a sharp decline; ONDO’s high BTC correlation (~0.85) increases its sensitivity to Bitcoin moves. Short-term impact: neutral-to-bullish if support at $0.2543 holds and volume remains low, enabling range-bound accumulation and short bounces. A confirmed volume breakout would be a bullish catalyst for traders. Long-term impact: conditional bullish — requires sustained volume and macro (BTC) support to reach $0.40+. Historical parallels: similar low-volume pullbacks in ONDO preceded 15–25% rebounds when institutional accumulation followed with rising volume. Traders should watch volume, RSI, EMA20, and BTC levels to time entries and manage downside risk.