#ONDO HTF Analysis:

@Follow&Like

$ONDO on the daily timeframe is showing strength again. It’s trading inside a clean ascending channel and recently bounced off both the lower channel trendline and horizontal support zone — solid confluence.

Currently, $ONDO is pushing up from that bounce and aiming for the upper half of the channel. As long as it holds above that key support zone, this structure remains bullish. Eyes on the mid-level and upper channel line as potential targets. Keep watching for continuation or clean pullback setups.

Ondo Finance is a decentralized finance (DeFi) platform focused on tokenizing real-world assets (RWAs), such as U.S. Treasuries, to democratize institutional-grade financial products. Built on Ethereum, ONDO operates with a Proof-of-Stake (PoS) consensus, ensuring energy efficiency and security. The Ondo DAO governs its ecosystem, allowing token holders to vote on proposals.