ONDO Breakout Tests Resolve Amid 82% Upside Target

The ONDO token has broken above a descending channel and is now retesting the breakout zone. Crypto Patel says this area may decide whether the recovery structure remains active.

According to Whale Factor, ONDO spent 254 bars consolidating between $0.3000 and $0.3500 before breaking out. This range was described as institutional absorption, where larger buyers built inventory before triggering a price move.

The main trade zone now sits between $0.378 and $0.35. A firm hold in this area could support another move toward higher resistance, with the target from the setup being $0.665, nearly 82% upside from the current price.