Ondo Finance rebounds 10.45% amid cautious trading and growing leveraged positions.

Ondo Finance (ONDO) price rose 10.45% after holding the $0.4 support level, reflecting renewed demand amid easing geopolitical tensions. Despite the price rebound, spot traders remain cautious, with continued selling pressure and profit-taking evident from high sales volume and net outflows to exchanges. Open Interest increased 15% to $223 million, indicating rising leveraged trading, though derivatives volume fell, signaling mixed market participation. Technical indicators suggest a battle between bulls and bears, with ONDO potentially targeting $0.47 to $0.5 if demand strengthens, or falling back to $0.37 if selling persists.