ONDO’s breakout above $0.87 may be good news as there might be more upside to come.

ONDO broke out above $0.87 on the charts as whale activity and taker buy pressure surged. In fact, weighted sentiment and the DAA divergence confirmed strong market and network support too.

ONDO’s price broke above its multi-month descending triangle, with the same signaling a key trend reversal after prolonged consolidation on the charts. 

The daily close above $0.87 confirmed the breakout and pushed the token towards $0.94, flipping previous resistance into solid support. This breakout has opened a path to the next targets at $0.965 and $1.116. If bullish momentum holds, ONDO could attempt to reclaim the $1.40-level. 

The move comes on the back of strong market alignment across whale activity, sentiment, and trading behavior – Key factors that could determine whether this breakout sustains itself in the coming weeks