Will Ondo defend the $0.40 psychological level?

Key takeaways

ONDO is down 10% within the final 24 hours and briefly dropped beneath the $0.40 help stage.
The coin might retest decrease help ranges as the value motion stays bearish.

ONDO recovers after dipping beneath $0.40

ONDO is without doubt one of the worst performers among the many high 100 cryptocurrencies by market cap, because it has misplaced 10% of its worth within the final 24 hours. At press time, ONDO is buying and selling at $0.41, barely recovering from its dip beneath $0.40.

The bearish efficiency comes regardless of Ondo Finance asserting on Monday that it plans to combine with Solana (SOL) in early 2026 to develop its tokenized shares and Alternate Traded Funds (ETFs) platform. 

In line with its X put up, Ondo will carry ETFs to the Solana community. Whereas this announcement indicators a bullish outlook for ONDO, the coin has underperformed over the past 24 hours. 

It’s coming.

The biggest platform for tokenized shares and ETFs is coming to @Solana in early 2026.

Wall Avenue liquidity meets web capital markets. pic.twitter.com/CmMFT2UTFu

— Ondo Finance (@OndoFinance) December 15, 2025

The mixing is about to reinforce scalability, liquidity, and faucet into SOL’s fast-growing person base, broadening Ondo’s ecosystem and adoption. 

The bearish efficiency aligns with ONDO’s declining open curiosity on the Binance trade, which at present stands at $22.32 million, near its 2025 low. The reducing open curiosity means that merchants are closing their positions, with speculative curiosity at present declining. 

ONDO might retest $0.34 as bears stay in management

The ONDO/USD 4-hour chart is bearish and inefficient as Ondo has misplaced 10% of its worth within the final 24 hours. 

The coin confronted a rejection on the $0.52 resistance stage final week and has misplaced 16% of its worth since then. If the downward development continues, ONDO might retest the $0.34 help stage within the close to time period.

The October 10 low of $0.24 might function one other sturdy help within the coming weeks or months. 

The Relative Power Index (RSI) on the 4-hour chart is at 32, pointing downward towards oversold situations, indicating sturdy bearish momentum. Moreover, the Shifting Common Convergence Divergence (MACD) indicator is exhibiting a bearish crossover, including confluence to the damaging outlook.

Nonetheless, if the bulls get well, ONDO might rally in the direction of the $0.52 resistance stage as soon as once more.