Ondo (ONDO) is currently priced at $0.279669, reflecting a 24-hour change of -1.49%. The daily trading range has been relatively narrow, with a high of $0.296977 and a low of $0.27663, indicating a lack of significant volatility in the short term.

The trading volume stands at approximately 63.3 million, accounting for 4.65% of the market cap, suggesting moderate interest in the asset. However, the hourly moving averages indicate a bearish trend, with the 8 SMA at $0.2895, showing a decline of 3.39%, while the longer-term 144 SMA at $0.2576 indicates a more favorable upward momentum of 8.55%.

The 1-hour RSI is at an extremely low level of 17, suggesting the asset is significantly oversold and may be due for a corrective bounce. Conversely, the 7-day RSI at 56 indicates a more neutral stance, with the 7-day price change of 6.69% reflecting a mild bullish trend over the past week, though the 30-day price change of -26.26% shows a long-term downtrend.

The all-time high for ONDO remains at $2.14, reached on December 16, 2024, presenting significant upside potential from the current price. Despite the recent bearish sentiment and volatility, the combination of a low RSI and recent price stability may indicate a potential reversal.

Based on the current data, I rate ONDO as a Buy. The oversold condition shown by the 1-hour RSI suggests a possible near-term price rebound, while the potential for recovery from the long-term downtrend could provide favorable entry points for investors looking to capitalize on future growth.