ONDO Price Setup Signals Reversal to $1.40 as Ondo Perps Crosses $100M

ONDO is signaling a potential bullish reversal after forming a double-bottom pattern near the $0.20–$0.25 support zone. Traders are watching for a sustained move above $0.78, while Ondo Perps’ $100 million-plus open interest and $9 billion cumulative volume highlight rising demand for tokenized real-world asset derivatives.