ONDO Price Prediction: Key Triangle Structure Breakout, Multiple Momentum Supports Surge to $1.40

ONDO price breaks through the structural pattern, opening up the rise space ONDO has broken through the long-term descending triangle pattern and closed above $0.87, technically confirming a trend reversal. The current price has reached $0.94 and firmly holds the original resistance level as support. If the momentum continues, the potential target levels above are $0.965 and $1.116, ultimately expecting to challenge $1.40.

Emotions are high but beware of overheating fluctuations Santiment data shows that the weighted sentiment of ONDO has surged to 2.24, reaching a new high in months, indicating a rise in investor optimism. Although peaks in sentiment often accompany significant volatility, the current market generally has a positive outlook for future trends. As long as positive sentiment grows in sync with the fundamentals, it will provide support for a breakout.

The whale's accumulation signal is clear, absorbing market fluctuations The spot order data shows that the average trading size has significantly increased, indicating that large buyers are entering the market. The continued accumulation by whales is a typical medium to long-term bullish signal, which helps to buffer retail volatility and stabilize the price structure. If large holders continue to increase their positions, the structural support for ONDO's rise will be further solidified.

On-chain data health, DAA growth outpaces price The ONDO current Price-DAA (Price - Active Addresses) divergence indicator remains at +152%, indicating that the daily active user growth is outpacing the price itself. This positive divergence is a good signal during the rise process, meaning that there is real network activity supporting the price increase, rather than being purely driven by speculation.

Leverage long positions dominate, beware of extreme positions backfiring CEX data shows that the long-short ratio of ONDO has reached 3.23, with over 76% of accounts holding long positions. This data indicates that the market is strongly bullish on future trends, but the excessive concentration of positions may also trigger a chain liquidation during a downturn. However, as long as the buying pressure is maintained, leveraged longs could act as a catalyst for the rise rather than a point of risk.

The probability of hitting $1.40 increases Whales are accumulating, active addresses are rising, sentiment is optimistic, and leverage support is forming a multiple rise resonance. If these factors continue to align in the short term, ONDO may steadily break through $1.116 and challenge $1.40. The current market structure is favorable for maintaining the upward rhythm, and as long as the key support is not broken during a short-term pullback, it can still be seen as a healthy consolidation.

Conclusion ONDO has recently made a strong breakthrough of key technical structures, showing potential for a continued rise driven by whale accumulation, on-chain activity, and rising sentiment. Although some indicators are already at high levels, the risk of a pullback cannot be ignored; however, as long as the support level holds, ONDO is expected to continue advancing towards $1.116 and $1.40. Investors should pay attention to changes in sentiment and on-chain data dynamics to flexibly adjust their position strategies.