ONDO trades near $0.433 after losing ground, with the $0.435 level acting as a short-term barrier for buyers seeking a recovery. Exchange flows show sharp inflows and outflows during recent r
ONDO price action continues to be bearish as it bounced off of a high without sustaining it, with traders trading off nearby support and resistance levels.
ONDO as of the time of writing, traded at around $0.4330 in the latest 24-hour snapshot, down 0.9%. The chart shows an evening sell-off followed by a gradual overnight recovery. However, sellers returned near midday, pushing the token below $0.435 again.
Price initially moved between $0.437 and $0.439 before weakening through the afternoon. Selling accelerated around 8 p.m., sending ONDO toward $0.423–$0.424. That range marked the lowest visible area during the session.
Buyers later lifted the price toward $0.430 before another series of small swings. Early on October 23, ONDO climbed above $0.435 and approached $0.439. The recovery then faded, leaving the price near $0.433.
The market data shows a capitalization of roughly $2.1 billion and daily volume near $120.7 million. Reported volume fell 19.89%, alongside the daily price decline. Lower turnover indicates quieter trading, but it does not establish what comes next.
The spot-flow chart records sharp changes in exchange transfers across the year. Green bars represent net inflows, while red bars show net outflows. The orange line tracks ONDO’s price against those movements.
Source: Coinglass
Activity increased sharply in May, when a green bar approached $9 million. ONDO also rose from roughly $0.30 toward $0.40 during that period. Large red bars followed, showing that transfers continued in both directions.
Trading flows stayed uneven through the summer, with occasional spikes interrupting quieter stretches. In late September, ONDO climbed toward $0.60 as another large inflow appeared. Several substantial outflows followed, and the price retreated from its peak.
The exchange treemaps show Upbit leading the displayed figures, with Binance and Bybit also recording notable totals. However, the image does not clearly establish the right treemap’s metric or measurement period. Exchange transfers alone cannot confirm whether investors are buying, selling, or moving tokens for other reasons.
Crypto Patel’s longer-term plan identifies $0.39–$0.33 as a possible re-entry zone. The stated risk boundary is a higher-timeframe candle close below $0.32. These levels describe the proposed trading setup, not guaranteed entry or exit prices.
Source: X
The chart also marks approximately $0.53 as an early bullish threshold. A sustained move above that area would strengthen the recovery attempt. Until then, ONDO remains below the resistance needed to support the projected advance.
The longer-term targets stand at $1, $1.60, $3 and $5. Crypto Patel says the earlier $0.20–$0.24 accumulation zone produced about 175% profit. Reaching the higher targets would require several advances through resistance, rather than one uninterrupted rally.
In the shorter term, $0.435 is the immediate level to reclaim. The session low around $0.423–$0.424 remains a reference if selling resumes. A move toward $0.438–$0.440 would show buyers regaining ground, though it would not confirm a lasting trend change.
ONDO’s next direction depends on whether buyers can hold support and recover nearby resistance. Falling volume and the retreat from recent highs leave the current rebound unconfirmed. The stated long-term targets remain projections, while price action around the nearer levels will provide the next useful evidence.
