ONDO today news: Bearish momentum continues — less than 20% chance of quick price recovery

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Ondo slides 10.22% today

Highlights

Ondo Finance will launch a platform providing tokenized U.S. stocks and ETFs on the Solana blockchain, building on its current $365 million tokenized assets portfolio.
The U.S. Securities and Exchange Commission has closed a confidential investigation into Ondo Finance without filing charges, removing a regulatory overhang for the company.
Ondo has reported notable traction in tokenized stock trading volumes via Bitget and continues to expand its ecosystem presence across digital asset platforms.

Tokenized stock platform and SEC closure as ecosystem expansion accelerates

Ondo Finance has announced plans to launch a platform providing tokenized U.S. stocks and ETFs on the Solana blockchain, with trading and near-instant settlement capabilities expected to expand their current $365 million portfolio of tokenized assets. The development comes after the U.S. Securities and Exchange Commission closed a confidential investigation into the company without filing charges. Additionally, Ondo has reported notable traction in tokenized stock trading volumes via Bitget and continues to expand its ecosystem reach.

Technical breakdown intensifies as bearish momentum and volatility rise

From a technical perspective, ONDO remains deeply bearish, positioned below all major moving averages with the Ichimoku Kijun at $0.4764 forming a dynamic resistance. Momentum indicators reinforce the negative sentiment — MACD and ADX show strong trend strength to the downside, the RSI (31.99 D1) and CCI (–183.8 D1) confirm oversold conditions, and the Stoch RSI is deeply oversold on the daily timeframe. The Bull/Bear Power is negative and the Awesome Oscillator further supports the sustained bearish momentum, as ONDO continues to trade near its session lows with elevated volatility and clear selling pressure.

Sideways consolidation favored as downside risk persists in ONDO

Over the next five trading days, ONDO is anticipated to fluctuate within a volatility band relative to current levels, between $0.3700 as support and $0.4450 as resistance. All major weekly indicators such as the MA-50, RSI, MACD, and ADX remain negative, suggesting there is less than a 20% probability of a price increase, so further downside risk is favored. The baseline scenario points to potential sideways consolidation within this price range. A move above $0.4450 could indicate bullish momentum, while a break below $0.3700 may open the door to deeper losses.

Anton Kharitonov, expert at Traders Union, sees ONDO in a persistently weak technical state amid strong selling pressure and oversold momentum readings. He notes that while recent regulatory closure and ecosystem growth offer some longer-term appeal, the technical outlook remains dominant in the short term. For now, key resistance at $0.4450 and support at $0.3700 frame a likely consolidation zone, with bearish forces clearly in control. "Until ONDO reclaims levels above all major moving averages, I remain cautious and see downside risk prevailing."

Source of Data: ONDO Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.