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Ondo Trades Near $0.41 as Daily and Weekly Chart Signals Diverge

A 9 p.m. ET Saturday reading showed a 5.5% 24-hour gain; a later snapshot showed a 1.82% decline over its own rolling window.

Updated 1 min read
A technical chart graphic in Seoul contrasts ONDO’s weaker daily structure with its bullish weekly trend. / EconoTimes.ai
A technical chart graphic in Seoul contrasts ONDO’s weaker daily structure with its bullish weekly trend. / EconoTimes.ai

Ondo (ONDO) was down 1.82% at $0.4104 at 9:15 p.m. ET Saturday (01:15 UTC Sunday), with a bearish daily structure contrasting a bullish weekly chart.

A separate reading at 9 p.m. ET Saturday (01:00 UTC Sunday) put ONDO near $0.40 and showed a 5.5% rise over the preceding 24 hours. The later snapshot covers a different rolling 24-hour window.

The daily chart remains in a bearish structure; a pullback that started during September's final week is still ongoing. In September, a weekly close above the $0.47 swing high changed the longer-term chart structure to bullish. At about $0.40, ONDO was near a local support level that had served as resistance in August and early September. A higher-time-frame demand area is marked from $0.293 to $0.343.

Spot-side cumulative volume delta increased during the earlier window, indicating stronger buying on spot markets, while open interest barely changed. The technical reading still characterized sellers as dominant despite the gain in that snapshot.

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