Ondo (ONDO) price has been showing signs of strength after bouncing off a key support level that has held firm for several months. Based on the weekly chart, ONDO is not just recovering, it is starting to look like it could make a powerful move upward, especially with how it has respected its long-term trendline.
From the chart, ONDO price had been building a base just above the $0.60 range. That level acted as strong support, forming a steady rising trendline that was tested several times between late 2023 and mid-2025. Each time the price touched that trendline, it bounced upward again, creating what analysts call “higher lows.”
Rose Premium Signals, a popular market analyst on X, highlighted this pattern as a sign of strength. According to Rose, ONDO is a fundamentally strong token, and its ability to form higher lows while moving in cycles could mean the coin is preparing for its next major rally.
“We’ve seen ONDO make two swing lows on the RSI just like it did before previous breakouts,” Rose Premium Signals pointed out. “That same structure is repeating now.”
The Bullish Targets Are Now in Sight
ONDO price recently surged by more than 11% and is now trading around $0.75 at the time of writing. If this upward momentum continues, the next major resistance levels are sitting at $1.29 and $1.76. The highest visible price level marked on the chart is just above $2.20, which would be a strong rally from the current zone.
What’s interesting is how clean the breakout from the recent consolidation looks. The long sideways movement from March to August has now turned into a clear vertical move, with ONDO breaking out of the structure with strong bullish candles on the weekly chart.
ONDO Accumulation Might Be Over
Rose Premium Signals also noted that ONDO might have finished its accumulation phase. If that’s true, then the price action we are seeing now is the start of a new bullish cycle. Looking back at past moves, ONDO has rallied hard after periods of sideways action, and this current setup seems similar.
The momentum, volume, and price structure are all starting to align. Traders and investors who had been accumulating ONDO under $1 are already seeing the early signs of that decision paying off.
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ONDO price is showing clear strength after bouncing off its long-term support line. With the price now aiming toward the $1.29 and $1.76 targets, there’s a strong case that ONDO could be entering its next major rally phase. As Rose Premium Signals explained, the repeating cycle and recent swing lows could be the exact structure that leads to the next breakout.
Keep watching ONDO price action closely. If the bullish momentum continues, the run toward $2.20 may not take too long.
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