Ondo Finance (ONDO) is continuing its upward trend in the $0.40 range. It has risen more than 2% over the past 24 hours, drawing market attention to whether the price can recover. However, a certain gap between the daily high and low shows that short-term volatility remains present.

■ Records $0.4080... Daily Range of $0.0235 As of 4 p.m. on November 5 (Korean time), the price of ONDO stood at $0.4080, up 2.08% over 24 hours. During the same period, the high was recorded at $0.4204 and the low at $0.3969, a price difference of $0.0235 over the day. The current price is about 2.95% below the 24-hour high and about 2.80% above the low, positioning it near the midpoint of the daily price range.

■ $0.40 Level Difficult to Confirm as Support In particular, price movements near the $0.40 level have emerged as a short-term point of observation. While this price zone is close to the current market price, it is difficult to definitively call it a technically validated support line.

■ An Asset Linked to RWA Tokenization... Business Expansion Does Not Directly Mean Price Gains ONDO is a digital asset related to the tokenization of real-world assets (RWA). Ondo Finance is pursuing a business that connects traditional financial assets with blockchain-based financial services. For this reason, the market's evaluation of ONDO is linked not only to typical cryptocurrency supply and demand but also to the growth potential of the tokenized financial products market. However, the expansion of related businesses does not directly guarantee a rise in the ONDO token price. It is necessary to separately examine the actual scale of service usage, the token's economic role, and changes in circulating supply.

■ Sustainability of the Rally Is Key... Trading Volume, Investor Sentiment, and RWA Progress Must Be Watched Together In the short term, the sustainability of price movements is more important than the rate of increase itself. Even with a 2.08% gain over 24 hours, the upward trend could weaken if trading volume does not support it or selling pressure expands. Conversely, if the price moves steadily alongside rising trading volume, further market reactions may be observed.

Currently, ONDO has rebounded from its daily low but has yet to reach its high. To judge the future price direction, trading volume, overall market investor sentiment, and the progress of real-world asset tokenization businesses should be examined together.

[Some AI assistance was used in producing this article. This does not recommend buying or selling any specific asset; investment decisions and responsibilities lie with the investor.]