$ONDO Analysis
ONDO is actually a tough one right now.
The Tech (RWA Leader)
ONDO is one of the strongest projects in the RWA space.
It connects traditional finance with crypto by tokenizing real assets like US Treasuries.
Top 50 by market cap → fundamentally solid project.
📉 The Chart
Price moved up very fast and then stayed strong for about 1.5 years, even when most alts were bleeding.
Recently, it broke two major support levels and is now sitting on its last key support.
🐻 Bear Case
• If we don’t see a strong bounce with volume, performance will likely be weak
• A sharp drop after a small retrace = stay away
• Losing this final support puts $ONDO in no man’s land
• 4H chart looks average, no clear bullish divergence like other alts.
🐂 Bull Case
For me to turn bullish, I want clear confirmation:
• Break two W-shaped trendlines to the upside
• Must outperform other strong altcoins during the move
Without this, the risk of ONDO being a dead coin this cycle is high.
🔍 Conclusion
I’m honestly 50/50 here.
Market isn’t always clear — and with thousands of coins available, waiting is also a position.
👍 Like & follow for more simple market breakdowns.
