ONDO surges, eyes $1.02 resistance

ONDO price jumped nearly 5% on Monday, trading around $0.87 after retesting and holding its broken descending trendline. A close above the 50-day EMA at $0.89 could trigger a 14% rally toward strong resistance at $1.02 (200-day EMA). A successful breakout may lead to a retest of the March 6 high at $1.20.

RSI is at 53, indicating slight bullish momentum, while the MACD shows a bullish crossover.

Source: https://x.com/coinphoton/status/1914225509745262680