# ONDO Gains 5.5% as Daily Chart Stays Bearish Near $0.40 By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/45653 Published: 2026-11-01T01:09:36.000Z Updated: 2026-11-01T01:09:36.000Z Section: Investing > ONDO traded near local support as its bullish weekly structure diverged from a bearish daily trend. Ondo (ONDO) gained 5.5% in the 24 hours through 9 p.m. ET Saturday, Oct. 31, as the token traded near $0.40, with daily chart weakness contrasting with a bullish weekly structure. Separately, Ondo Finance has expanded its Intelligence Portfolios to Solana, where seven portfolios package curated investments into individual on-chain tokens. Eligible investors outside the United States can use the tokens to diversify without managing the underlying investments individually. TokenPost previously covered [Ondo’s seven portfolio deployment on Solana](). The expansion adds to Ondo’s product lineup but does not establish a direct financial benefit for ONDO holders. TokenPost has also examined [the distinction between Ondo’s asset growth and ONDO holder rights](). ONDO’s weekly chart had been in a downtrend through 2025 and early 2026, with $0.47 marking its latest swing high. A weekly close above that level in September shifted the longer-term structure bullish. The token was near $0.40 Saturday, a local support level that had acted as resistance in August and early September. A lower demand area on the higher time frame sits between $0.293 and $0.343. The daily structure has since turned bearish, and a correction that began in the final week of September has continued. The two chart time frames therefore point in different directions: the weekly structure is bullish, while the daily trend remains bearish. Sellers remained in control despite the 24-hour gain. Spot cumulative volume delta rose over the same 24-hour period, while open interest increased only slightly. That combination indicated some spot demand near $0.40 alongside little change in open interest. A move above $0.50 that holds would be a sign that buyers could become cautiously bullish. ## Links in this article - [Ondo’s seven portfolio deployment on Solana](https://www.tokenpost.com/news/business/43883) - [the distinction between Ondo’s asset growth and ONDO holder rights](https://www.tokenpost.com/news/business/34489)