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Ondo Finance token rebounds 22.6% after a sharp 24.6% drop but faces key resistance levels.

Technical Signals
03 Jun 2026
AMBCrypto
View Source
Neutral
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Ondo Finance (ONDO) token prices fell sharply by 24.59% in late May but have since rebounded 22.6% in four days, showing renewed bullish momentum. Despite this short-term recovery, the token remains far below its all-time high and is still in a longer-term downtrend. Key resistance levels at $0.47 and the $0.60-$0.70 supply zone must be reclaimed to confirm a sustained uptrend. Traders are advised to watch the $0.39 mid-range level for potential long entries while using rallies to take profits until stronger bullish signals emerge.

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