🚀 ONDO/USDT Analysis – $1 Target Within Reach?
📊 24H Snapshot
ONDO surged to a 24H high of $0.9479, with a low of $0.8840. Trading volume hit $271M+ (CoinGecko), showing strong market activity.
📈 Technical Indicators
RSI‑6: ~70 – signals overbought zone.
Moving Averages: Price trades above MA‑8, MA‑21, MA‑50, confirming bullish momentum.
🏛️ Fundamental Strength
Ondo is a real-world asset (RWA) protocol with growing DeFi utility, a $3B market cap, and strong institutional interest.
🎯 Price Outlook
Holding above $0.92–$0.93 could trigger a breakout. A clean move above $0.95 may send it toward the $1 mark.
✅ Strategy
Bullish momentum intact. Watch RSI & volume. Support sits at $0.89. Ideal for breakout watchers and smart entries.
