ONDO is sitting inside a triangle, with price coiling tightly between a falling resistance and a strong rising support. This pattern shows price is getting squeezed and a breakout is likely coming soon.

The lower trendline has held firm since October 2024, acting as a major launch zone in the past. If bulls defend it again, a breakout above $1.05 could trigger a rally toward the $1.50–$2.00 zone, where the last major rejection happened.

Big breakout or fakeout? It’s all about how price reacts near the apex.