ONDO Faces Bearish Pressure While Long-Term Breakout Signals Growth

ONDO continues to move within a descending channel as sellers control the trend, keeping price under the $0.70 resistance area.

Analysts note a breakout pattern signaling potential long-term recovery, projecting a possible bullish continuation toward the $3 target zone.

DeFiLlama data shows Ondo’s TVL surpassing $1.8 billion, marking growing participation, strong liquidity inflow, and expanding network engagement.

Ondo (ONDO) trades at $0.6593, down 2.29% in the last 24 hours but up 9.51% weekly, as analysts debate its next direction between ongoing bearish pressure and renewed optimism supported by strong ecosystem growth and rising market participation.

Bearish Channel Maintains Pressure on Ondo Price

According to an X post by market analyst CryptoPulse, Ondo (ONDO/USDT) remains within a descending channel on the daily timeframe. Forming lower highs and lower lows,persistent bearish patterns

The current price is slightly below the midline of the channel, where sellers appear to maintain control.The analysis notes that price rejection at the upper boundary around $0.70 signaled it as a strong resistance.

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Short-term rebounds toward $0.68–$0.69 may occur, but broader momentum still leans negative.For a reversal, the market needs a decisive breakout above $0.70–$0.72 to open the path toward $0.80.

Bullish Reversal Pattern Points to Higher Targets

Solberg Invest, presented a bullish perspective for ONDO/USDT, identifying a breakout above a multi-month descending trendline,which suggested a structural shift from bearish to bullish conditions.

If price retests $0.98 and confirms it as support, it could push for more upward continuation.Solberg’s chart outlines the next resistance between $1.70 and $1.85.

The setup resembles an inverted head and shoulders formation.A confirmed breakout above this zone could trigger a rally toward the $3 level, a 200% upside potential.

This structure suggests growing investor confidence if buying pressure remains consistent over coming months.

Rising TVL Reflects Strength in Ondo’s Ecosystem

From mid-2025, TVL rose sharply from approximately $900 million, reaching $1.823 billion. This is a reflection of renewed interest and liquidity within the platform.

The acceleration may relate to product launches or integrations that attracted institutional and retail capital alike. Sustaining levels above $1.8 billion will depend on long-term user activity and consistent protocol performance.

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Overall, while short-term charts present mixed signals, Ondo’s expanding ecosystem and technical structures reveal growing market participation. Traders continue monitoring price zones closely as both bearish and bullish models shape the evolving trend outlook for Ondo.

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