$ONDO 5-minute trading volume surged 11.5-fold, rising 2.02%, with the current price at 0.3523.
I generally look at two things when assessing a surge in volume: how large it is, and where the price closes during the surge.
Breakouts that hold are often accompanied by a surge in volume, while failed breakouts often lack volume. This is the method I use most often to assess them.

#ONDO