The cryptocurrency ONDO is trading significantly below its reported institutional entry price, attracting retail interest. According to analyst Crypto Patel, the token’s steep decline from its all-time high presents a potential long-term accumulation opportunity. Technical indicators suggest a current consolidation phase, with key support and resistance levels defining the near-term price action.
Retail investors can currently purchase ONDO for around $0.20. This price is roughly 85% below the reported institutional entry point of $1.374, where World Liberty Financial allegedly invested $470,000. The token has fallen approximately 90% from its all-time high of $2.15 over a 14-month period.
Analyst Crypto Patel describes the current setup as “a generational accumulation opportunity.” The token is trading within a high-timeframe Fibonacci demand zone between $0.19 and $0.24. A critical support level to watch is $0.171, as a breakdown could invalidate bullish projections.
Technical analysis points to a Wyckoff accumulation pattern with bullish order blocks. A market structure flip above $0.47 is identified as a major buy trigger. According to Patel, the structure indicates “a potential multi-leg rally,” with aggressive upside targets at $1.00, a retest of the $2.15 all-time high, and a potential expansion beyond $5.00.
Current chart data shows ONDO in a downtrend with lower highs and lows since late January. The price recently recovered from a volatility spike but remains below key moving averages. The Relative Strength Index sits at 43.01, indicating neither overbought nor oversold conditions after a brief dip below 30 in mid-February.
Immediate price support is seen at $0.24068, with resistance at $0.26656. The token is gaining attention as a leader in the Real World Assets narrative. Market participants are monitoring whether the price can stabilize near the $0.2536 level for a potential move higher.
