There is a high possibility of a second upward wave if the market scenario continues to be favorable.

Previously, a strong resistance zone around $0.50 was mentioned, and in fact, the price has rebounded near $0.49 before being profit-taken and turning back.
This indicates that the $0.5 area is a relatively thick supply zone in the short term.
On the opposite side, a notable support zone lies between $0.35 – $0.38.
If the price corrects to this area and maintains its structure, it could serve as a foundation for a subsequent rally.
📈 Main Point of ONDO
The core story of $ONDO is strongly linked to the US stock market.
When US stocks maintain a positive trend, capital flows into on-chain RWA (Real World Assets) assets often benefit directly.
ONDO is currently considered one of the largest on-chain US stock trading platforms, and many exchanges implementing RWA are collaborating with this ecosystem.
This helps reinforce the project's position and practical application.
Fundamentally, there are no concerning issues with the project so far.
Therefore, current price fluctuations mainly depend on:
• The development of the US stock market
• Capital inflows into the RWA narrative
• Overall market sentiment in crypto
If the US stock market continues its hot rally, there is a high chance $ONDO still has room for another expansion wave.
Note: Manage capital carefully and monitor price reactions at key support/resistance zones before making trading decisions.
$ONDO