Ondo slides lower as strong seller momentum persists

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Ondo drops 7.05% today to $0.414

Highlights

Ondo's USDY tokenized Treasury fund surpassed BlackRock's BUIDL fund in size, indicating rising institutional adoption and sector leadership.
The company acquired Oasis Pro, adding an SEC-registered broker-dealer and alternative trading system, and joined DTCC Fund/SERV to access traditional distribution channels.
ONDO trades under sustained selling pressure with strong bearish technical signals and is forecast to range between $0.3893 to $0.4387 in the near term.

Institutional adoption climbs as fund size and licensing expand

Ondo's tokenized Treasury product USDY surpassed BlackRock's BUIDL fund in size, signaling a significant milestone in institutional adoption and product traction. The company further strengthened its regulatory and distribution standing by acquiring Oasis Pro, securing a licensed SEC-registered broker-dealer and alternative trading system, and by gaining DTCC Fund/SERV membership to facilitate access for its tokenized funds to traditional distribution channels. Ondo also reported a $4 billion total value locked and a 26% market share in tokenized stocks, consolidating its sector presence, though price action has remained under broader selling pressure.

Technical barriers and oversold momentum signal ongoing selling

ONDO is trading below its MA-20 at $0.4334 and MA-50 at $0.4423 on the hourly chart, while remaining above the MA-200 at $0.3621 on the daily timeframe. The Ichimoku Kijun level at $0.4307 serves as immediate resistance. Technical momentum confirms ongoing downside pressure, with MACD and ADX both generating Sell signals and the Awesome Oscillator aligned with the prevailing trend. RSI stands at 21.06, while Stochastic RSI and CCI indicate oversold conditions, accompanied by Bull/Bear Power signaling sustained intraday dominance by sellers.

Downside risk rises amid limited rebound opportunity

Over the short term, ONDO is expected to fluctuate within the $0.3893 to $0.4387 range, reflecting typical volatility boundaries for the coming sessions. The likelihood of a move higher remains very low, while downside risk is assessed as very high, suggesting further declines may be possible if support gives way. The baseline scenario points toward a consolidation phase near current levels. Should ONDO manage to break above resistance unexpectedly, a rebound toward the upper end of the projected range could develop; a drop through support may open the path to new local lows.

Anton Kharitonov, analyst at Traders Union, sees ONDO’s strong institutional gains offset by immediate technical and sentiment risk. He notes that key regulatory wins and ecosystem dominance have not shielded ONDO from heavy selling and weak price momentum. Price remains trapped below critical moving averages with broad indicators showing seller control. "Until ONDO reclaims $0.4307 on strength, I remain defensive and expect further pressure if support breaks."

Earlier, analysts noted that ONDO maintained a broadly bullish technical outlook despite periods of elevated volatility and short-term resistance. The present analysis signals a shift toward sustained downside risk and potential for new local lows, making the durability of long-term support a critical factor for traders to monitor.

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.