ONDO Whale Accumulation Signals 82% Upside as Breakout Retest Holds Firm
ONDO retests $0.378-$0.35 breakout zone as traders watch $0.665 target, $0.339 stop loss, and $0.3719 demand node.
ONDO is holding near a key retest area after breaking above a descending channel. Traders are watching whether buyers can protect the breakout zone.
Whale Factor said ONDO spent 254 bars consolidating between $0.3000 and $0.3500. The account described that range as institutional absorption before the breakout.
Crypto Patel said ONDO has confirmed a breakout and is now retesting support. He said the bullish structure remains active while the retest holds.
The main trade zone now sits between $0.378 and $0.35. A move toward $0.665 would represent nearly 82% upside from the setup area.
Breakout Retest Holds Market Focus
Crypto Patel said ONDO has confirmed a breakout above its descending channel. The token is now retesting the zone where that breakout occurred. This area may decide whether the recovery structure remains active.
$ONDO Trade Setup: #ONDO has confirmed a breakout above the descending channel and is now retesting the breakout zone.
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