$ONDO is at $0.35.

That number is not random.
It is the exact level that capped the recovery from February through April.
Resistance flipped to support.
The 4H chart shows a clean double top between $0.44 and $0.49, a rejection, and a pullback directly into the prior breakout zone.
The daily chart tells a longer story.
October 2025 peak near $0.60.
Capitulation to $0.21 by February 2026. Full recovery.
May impulse to $0.50. Distribution.
And now price sitting exactly at $0.35 with 29 million in daily volume hitting this candle.
That volume matters.
Slow bleeds do not attract 29 million in daily volume at a key level.
Accumulation does.
$0.3433 is the line.
Hold that and the structure stays intact for another leg.
Lose it and $0.28 to $0.30 comes back into play before the next setup.
The June 9 Ondo Perps launch is 4 days away.
The $250 million Catalyst fund is deployed and building.
The fee switch is sitting behind a governance vote.
The chart is giving you a decision point at exactly the right fundamental moment.
This is a supply squeeze waiting for a catalyst to pull the trigger.