ONDO Breakout Sets Sights on $0.70

ONDO is trading around $0.41 after experiencing a gain of 2.87% in trading volume, which has climbed by 10.82% to $134.78 million.

The digital asset's short-term price action is dominated by buyers as it attempts to break out of a falling wedge pattern.

A daily close above $0.4218 would confirm the breakout and set in motion a bullish setup, with the next target sitting at $0.70, a 66% move from the breakout level.