- ONDO forms cup and handle pattern; breakout above $1.43 may trigger 120% surge toward $2.00.
- Strong support at $0.84 holds firm; price consolidates near 0.236 Fib level at $0.93.
- Resistance between $1.15–$1.43 caps gains; breakout could aim for $1.30, $1.57, and $1.84.
ONDO price is developing a typical cup and handle pattern, which is a favorable indicator of impending large breakout. Momentum is gaining with a good support of $0.84 and price consolidating around $0.93. The key resistance zone between $1.15 and $1.43 is all that stands between ONDO and a potential 120% rally toward $2.00. As price tightens, a breakout could be just around the corner.
ONDO Price Forms Cup and Handle as $1.43 Barrier Stays in Focus
ONDO price has formed a cup and handle pattern, which is often linked with stronger moves if the upper line breaks. A clear double bottom at $0.84 shows this level is holding as firm support and has blocked further losses more than once.
Above, the area between $1.15 and $1.43 continues to act as heavy resistance, stopping ONDO from pushing higher. If price breaks through this region, the next targets could appear at $1.30, $1.57, and $1.84 based on Fibonacci extensions.
The entire extent at $2.00 will be the complete move which is about a 120% increase in the present price of $0.91.Together, these signals provide the base for a long-term ONDO price outlook that stays positive.
At the same time, ONDO price is holding near the 0.236 Fibonacci retracement level at $0.93, trading inside a narrowing range. The downward line forming the handle has squeezed price action, leaving little room before a clear move happens.
If ONDO breaks above this line, it could head straight toward $1.15. On the other hand, if it fails, the price may fall back to $0.84 support.
Interest in buying things has so far held the base in place and has not caused a deeper descent. The narrow nature of the handle indicates ONDO is almost about to reveal its movement.
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