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ONDO token faces 20% drop risk after price stalls near $0.41 resistance.

Technical Signals
28 Jul 2026
FXEmpire
View Source
Bearish
pluang ai news

Ondo Finance's ONDO token price correction has begun after stalling near $0.41 resistance within a descending channel. The token dropped about 7% from its recent high and is testing key moving averages around $0.346–$0.354. A break below this level could lead to a further decline toward $0.30–$0.31, representing a 20% drop from current prices. To resume its bullish trend toward $0.49, ONDO must close decisively above $0.41–$0.42 resistance. Until then, the descending channel suggests a deeper correction is likely.

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