ONDO Price Holds Steady at Support Level as Traders Watch for Recovery Towards $0.88 and $1.15

Current Price and Support Levels: ONDO is trading at $0.7433, with a critical support level at $0.67 that must be maintained to target higher resistance levels of $0.88 and $1.15.

Market Activity and Volume: Despite a 31.84% decline in daily trading volume to $68.49 million, ONDO shows moderate activity with a Volume-to-Market Cap ratio of 2.91%, indicating stable demand.

Technical Analysis and Recovery Potential: Analysts suggest a two-phase recovery pattern for ONDO, with a focus on sustaining prices above $0.70–$0.74 to facilitate a rise towards higher resistance levels.

Social Trading Sentiment: There is cautious optimism in social trading analysis, with bullish momentum expected if ONDO consistently closes above $0.74–$0.75, while a drop below $0.72 could hinder recovery efforts.