$0.42 ONDO, are you ready to get in?

JPMorgan Chase, Mastercard, Franklin Templeton collectively endorse it, leading the TVL track, surging 54% in a week—just now, RSI broke through 90 and plummeted, big players exited positions, dropping 6% in 24 hours.

First look at the surface: positive news explosion, momentum like a rainbow.

In the past 7 days, it rose 54%, market cap $2.06 billion, 24-hour trading volume exploded to $50-700M—multiplied many times. The candlestick chart shows: from $0.26 double bottom directly to $0.47, moving averages in a bullish alignment, MACD golden cross diverging.

The first thing: traditional financial giants personally stepping in, not a joke.

On May 7, Ondo + JPMorgan Chase + Mastercard + Ripple completed the first cross-chain, cross-bank tokenized US debt cross-border settlement in history. JP Morgan settled Ondo’s OUSG on its own blockchain, instant settlement via Ripple and Mastercard network.

Second thing: fundamentals are rock solid.

DefiLlama shows TVL at $3.7B, first in the RWA track. The products are tokenized US bonds, stocks, ETFs—with real yields. Q1 revenue $13.26 million, total revenue $21.12 million.

MC/TVL ratio only 0.56?

Protocols with similar lock-up volumes, ONDO’s market cap is severely undervalued. *Compared to similar RWA projects, this number should be between 1.5-2.0. Either TVL drops or ONDO rises.

Third thing: a technical signal that must be watched carefully.

In the past 7 hours, RSI dropped from over 90 straight down to 54-65. 90 indicates extreme overbought, the peak of retail chasing highs; 65 indicates cooling, a sign of buying exhaustion.

A big player just exited an important position, 6% drop in 24 hours.

One side:

JPMorgan Chase, Mastercard personally endorsing

TVL track first, $3.7B

MC/TVL only 0.56, seriously undervalued

One week surge of 54%, trend confirmed

The other side:

RSI plunging from over 90, overbought correction underway

Big player exiting positions, selling pressure emerging

6% drop in 24 hours, latecomers caught

CLARITY Act not yet officially passed

Key level at $0.42, only 4 cents away from strong support at $0.38.

Resistance above: $0.48-0.50 → $0.55-0.60 → $1.0+

Support below: $0.38-0.40 → $0.35 → $0.33 (structural failure bottom line)

Short-term traders:

Wait for a pullback to $0.38-0.40 before entering, stop-loss at $0.33 (exit if broken), first target $0.48-0.50.

Swing traders:

Wait for daily close above $0.45 before buying in, use dynamic take-profit, target $0.65-0.80. In the RWA sector, holding on yields more than frequent trading.

Long-term believers:

Build positions in batches at $0.35-0.38 with eyes closed. RWA is the most certain institutional narrative by 2026, ONDO is the leader among leaders. $1.0 is not a dream, but you must withstand the intermediate shakeouts.

ONDO now is like SOL in 2023—

99% of people think “RWA is just hype,” but when institutions put real money in, they realize it’s not just a concept, it’s a trend.

Don’t buy at $0.38, regret at $0.80. #Gate广场五月交易分享 $BTC $ETH $ONDO