ONDO's price teeters between $0.35 support and stubborn $0.45 resistance

ONDO’s price remains locked in a tight trading range, with key levels defining its next move. Support between $0.35 and $0.36 has held firm, keeping the bullish outlook alive for now. Yet repeated rejections at the $0.45 resistance suggest traders are waiting for a decisive catalyst.

The market’s recent behaviour points to deliberate liquidity hunting by large players before any clear trend emerges. A recent rally pushed ONDO toward $0.45, sparking optimism among buyers. But sellers stepped in immediately at that level, halting further gains. This pattern has repeated multiple times, reinforcing $0.45 as a stubborn ceiling.

Liquidity clusters reveal a tense setup. Short positions sit heavily above $0.40, while long liquidations lurk near $0.30. The back-and-forth liquidation events on both sides hint at calculated moves by whales rather than natural trading flow.

Broader market conditions add context to the $0.45 rejections. With equities near their highs, the pullbacks appear more like profit-taking than panic selling. Still, ONDO’s price action feels engineered, with large players possibly shaking out weaker hands before committing to a direction.

For a sustained breakout, reclaiming $0.45 with strong volume remains critical. Without it, the token risks staying trapped in this high-tension range, where even a small catalyst could trigger a sharp move in either direction. ONDO’s next major move hinges on whether buyers can push past $0.45 with conviction. Until then, the token stays caught between key support and resistance zones. Any shift in market sentiment or liquidity dynamics could quickly tip the balance, leading to a rapid price reaction.