ONDO Breaks Out of 3-Month Accumulation Zone, Jumps 16% in a Day

Ondo Finance (ONDO) has emerged as the biggest gainer in the altcoin market over the past 24 hours. The token rose approximately 16%, breaking out of a multi-month accumulation zone on strong volume.

The move aligns with a Bloomberg report that the US Securities and Exchange Commission (SEC) is preparing an innovation exemption to allow tokenized securities trading on decentralized platforms. This is a structural shift that benefits Ondo Finance’s real-world asset infrastructure.

ONDO Breaks Out of 3-Month Accumulation Zone

On the daily chart, Ondo has broken out of a long-term accumulation range. It confined price action between $0.25 and $0.30 from early February through the beginning of May.

The token bounced off the 0.382 Fibonacci retracement near $0.33 and is now testing the 0.5 Fib at $0.37. The next upside target is the 0.618 Fibonacci at $0.41, followed by the 0.786 extension at $0.47, where a potential retracement could form.

A large volume spike accompanied the breakout candle, signaling strong conviction behind the move. Volume has since contracted but remains elevated relative to the prior accumulation period.

The Relative Strength Index (RSI) prints around 61 and is rising after bouncing off the neutral 50 level. The reading suggests fresh bullish momentum without entering overbought territory.

Lower Timeframe Confirms the Bullish Setup

The 4-hour chart strengthens the daily picture. ONDO has broken out of a descending resistance trendline that capped price action through the second week of May. Thus, it validates the structural shift visible on the higher timeframe.

A previous resistance area from the beginning of May, which repeatedly rejected the price, has now been reclaimed. This zone is expected to act as support at $0.33.

The 4-hour RSI sits around 64, slightly higher than the daily reading and consistent with short-term momentum continuation. The Bollinger Bands Width Percentile (BBWP) prints an extreme reading, indicating that volatility has expanded sharply after a prolonged compression phase.

Volume on the 4-hour timeframe is contracting after the initial breakout candle, which is typical of healthy consolidation rather than distribution.

ONDO Price Prediction Targets $0.41 if Breakout Holds

Independent analyst MasterCryptoHq highlighted the same setup, pointing to a falling channel breakout on the 4-hour timeframe and targeting similar levels.

“$ONDO just broke out of a major falling channel on the 4H chart. Momentum is shifting bullish, and the next move could target $0.409 and $0.451. At the same time, reports say the SEC may soon introduce new exemptions for blockchain-based securities trading. The market is clearly paying attention – and #ONDO is already moving fast.”

The fundamental catalyst aligns with the technical breakout. Bloomberg reported that the SEC is preparing an innovation exemption to permit blockchain-based securities trading on decentralized platforms. Ondo Finance offers 260 tokenized US stocks and ETFs across Ethereum, Solana, and BNB Chain, holding an estimated 70% share of the tokenized equity issuer market.

The path forward depends on whether buyers can defend the $0.33 support level. A sustained hold above this floor would keep the door open for moves toward $0.41 and then $0.47, the levels flagged by both the Fibonacci structure and the analyst view. A breakdown below $0.33 would invalidate the breakout thesis and risk a return to the prior accumulation range.

Recent Ondo price action has tracked closely with the broader real-world asset narrative, and the next daily close above $0.41 would mark the first confirmation that buyers intend to push toward the upper bound of the move.