ONDO breaks macro channel as Whalio data shows mixed spot flow
Ondo (ONDO)
Editor:
Eugene Serbin
blockchainmedia.id reports that Ondo Finance (ONDO) is attempting to exit a descending macro channel that has constrained its price since the 2024 peak. Weekly candles have pierced the upper boundary, reaching approximately US$0.57 before settling in the US$0.53–US$0.56 range following a 26 percent surge. Crypto Cove identifies the US$0.45–US$0.50 breakout zone as critical for maintaining the current structure.
If prices hold above this area, the breakout retains room to develop toward higher targets. Resistance levels are projected at US$0.60–US$0.65, US$0.75–US$0.90, and US$1.05–US$1.20. A more aggressive projection from Crypto Cove points toward US$3.50 if the US$0.45–US$0.50 support holds.
Conversely, a return into the channel below US$0.40–US$0.43 would weaken the breakout validity. Volume has increased alongside this momentum, though it has not yet confirmed higher macro targets.
How the market reacted
Whalio's own Binance spot order flow for ONDO, measured when this story was written up on 26 September 2026. Not the outlet's figures.
Whalio spot data for ONDO shows a price of $0.5492 with a 1-hour buy ratio of 59.3%, indicating short-term buying pressure. This contrasts with the 4-hour buy ratio of 50.9% and the 24-hour ratio of 49.2%, suggesting that immediate buying is stronger than the broader daily trend. The 1-hour volume delta is positive at +$153,138, while the 24-hour delta is negative at -$1,130,352. This divergence implies that while recent trades show net buying, the overall daily flow has been dominated by sellers. The CVD for the 24-hour close is -$506,452, confirming that cumulative selling has outweighed buying over the full day. Net buying occurred for only 13 of the 24 hours, highlighting a day where sellers largely controlled the volume.
The latest daily buy ratio of 48.1% sits at the 32nd percentile of the last 322 days, against a median of 49.5% - ordinary for this coin.
Was that an ordinary day?
The same Binance spot measurements for ONDO, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 48.6%, making the current 24-hour ratio of 49.2% only marginally higher. The 24-hour spot volume of $74,727,386 represents 1.72 times the average, marking an unusually active trading day. Despite this volume spike, the 8-day volume delta remains negative at -$8,114,731, showing that the increased activity has not reversed the net selling trend. The price has risen 37.7% over eight days, yet there were zero days of net buying in that period. This indicates that the recent price appreciation occurred primarily on days where selling pressure exceeded buying pressure.