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Ondo Finance (ONDO/USD) Bullish Recovery Faces First Test at $0.40

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Ondo Finance (ONDO/USD) Bullish Recovery Faces First Test at $0.40

After trending lower, the Ondo Finance (ONDO/USD) market recently found key support near the $0.35 level. The emergence of strong buying interest around this zone triggered a notable and decisive rebound in price action.

The recovery now faces its first major test at the $0.40 level, where traders will be watching closely to see whether bullish momentum can be sustained or if selling pressure re-emerges.

Heads up—ONDO’s largest token unlock is now scheduled, and it’s a moment the market can’t ignore. This isn’t a routine supply event; it’s a major shift that could materially alter ONDO’s circulating supply and influence price dynamics.

Ondo Finance (ONDO/USD) Market Data

  • ONDO/USD Price Now: $0.40
  • ONDO/USD Market Capitalization: $1.2 billion
  • ONDO/USD Circulating Supply: 3.16 billion
  • ONDO/USD Total Supply: 10 billion
  • ONDO/USD CoinMarketCap Ranking: #55

Ondo Finance (ONDO/USD) Bullish Recovery Faces First Test at $0.40

Key Levels to Watch

  • Resistance: 0.45, $0.50, $0.55
  • Support: $0.35, $0.30, $0.15

Ondo Finance (ONDO/USD)—Daily Chart Perspective

After Ondo Finance failed to hold the $1.00 key support level in early October, the market entered a prolonged downtrend. A brief bullish attempt emerged around the $0.50 level—an important historical price zone—but buying pressure proved insufficient to sustain a recovery.

More recently, the market found strong support near the $0.35 level, triggering a rebound toward $0.40. However, price has now encountered resistance at this level, which has remained a notable supply zone since mid-December of last year.

Market participants are closely watching price action around this area, as the outcome here is likely to determine the next directional move.

Ondo Finance (ONDO/USD) Bullish Recovery Faces First Test at $0.40

ONDO/USD—4-Hour Chart Outlook

Since mid-December of last year, bullish price attempts have been repeatedly rejected at this level, reinforcing it as a formidable resistance zone. This helps explain why the ongoing bullish recovery is currently stalling near this area.

The market is now positioned at a critical crossroads, with traders closely watching price action for a decisive outcome—either a breakout that confirms bullish continuation or a rejection that signals renewed downside pressure.

The biggest tokenization event is approaching.

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