Technical analysis by unichartz about Symbol ONDO: Buy recommendation (3/17/2025)

The price of ONDO/USDT is currently trading within a broader sideways range, respecting both the upper resistance and lower support levels. The falling resistance trendline has been acting as a strong barrier, rejecting the price multiple times. However, a bullish RSI divergence is forming at the lower support zone, signaling a potential reversal or bounce.If the price holds above the support, a breakout above the trendline could trigger an upward move towards the upper resistance zone. On the downside, losing support could lead to further weakness.