ONDO Technical Analysis — Downtrend, Key Support $0.2018, Stop‑Loss Rules

Published: 2026-02-10 03:24:52 |

ONDO remains in a clear downtrend and is trading around $0.25–$0.29 with bearish momentum and strong Bitcoin correlation. Both updates show daily RSI in or near oversold territory (~29–34) and bearish Supertrend/EMA signals. Key technical levels: primary support $0.2018 (critical), secondary supports $0.2309 and $0.2563; resistances $0.2639, $0.3036 and $0.3962; pivot near $0.2604 and EMA20 around $0.29. Volume is moderate-to-low and declining during the downtrend, though ATR indicates potential 5–7% sudden moves if BTC volatility returns. Bull case requires a sustained close above EMA20 (~$0.29) plus Bitcoin strength (break above ~$70,888), with a bullish target near $0.4537 (~81% upside). Bear case: a break below $0.2018 would open a large downside target near $0.0647 (~74% decline). Trading guidance for short-term traders: favor short bias while price remains below EMA20; primary short range cited around $0.29–$0.31 with stop near $0.3152; scalp stops just below $0.2503 (use 1–2% ATR buffer) and swing stops below $0.2018. Risk management: size positions to risk 1–2% of capital, avoid high leverage (max 3–5x if any), maintain at least a 1:1.5–1:2 risk/reward, and wait for confirmed breakouts before increasing exposure. Monitor Bitcoin support/resistance levels closely (noted around $65,855–$70,888) because BTC moves are likely to amplify ONDO volatility.

Bearish

Both summaries report persistent bearish technical signals for ONDO: downtrend price action, low/oversold RSI, bearish Supertrend and EMA structure, declining volume, and high correlation with Bitcoin. The technical picture identifies a critical support at $0.2018 — holding this level is the last line before a large downside target near $0.0647. Bullish scenarios require a decisive break and close above EMA20 (~$0.29) plus confirmed Bitcoin strength; those conditions are not present. For traders, the path of least resistance remains downward: short-biased setups, scalp and swing stops below specified supports, and tight position sizing are appropriate. Short-term impact: increased downside risk and higher probability of continued selling unless BTC triggers a positive reversal. Longer-term: if ONDO fails $0.2018, structural damage could lead to a significant re-rating toward the lower target; conversely, a sustained recovery above EMA20 and BTC confirmation would be required to restore bullish momentum. Overall, indicators and BTC dependency point to a bearish outlook for price action until clear breakout signals appear.