ONDO UPDATE October 27, 2026 ONDO’s 4-hour chart is tightening into a Bollinger Band squeeze, with the bands sitting between $0.4554 and $0.5140. This tells us volatility has fallen and a larger move may be building. The last time ONDO broke out of a similar compression, it rose 53% in a few days. That is useful context, but it does not guarantee the same result this time—or tell us which direction the next move will take. Momentum is starting to improve. The 4-hour RSI has turned up to 49.93, above its signal line at 42.61. Buyers are showing some life, though RSI is still around the neutral 50 level. The market internals tell us to be patient: • Spot flow: Net flow is negative by $34.34K over one hour and $88.23K over four hours. We are not yet seeing consistent spot buying to support the bounce. • Futures flow: Futures show positive flow of $58.72K over one hour and $261.35K over four hours while spot flow remains negative. That suggests derivatives are contributing to the move, but it does not establish how much leverage is being used or prove futures are driving the entire bounce. • Liquidations: Only $1.80K in total liquidations occurred over four hours. Activity is quiet, but this figure alone does not tell us how many short positions are waiting overhead. My read: The chart is setting up, and momentum is improving. But I want to see spot buying return and support the move before treating this as a high-conviction entry. ONDO stays on close watch for a PERP trade. BTW, there is no rule that says you can't trade volatility in a long-term investment.