Ondo Price Rebounds on Rising Open Interest and Positive Futures Flows

Ondo's price has been fluctuating around $0.337 as open interest climbs back above $204 million and futures flows turn positive.

The company is expanding through Ondo Network, Ondo Perps, and wider tokenized-stock distribution on KuCoin Alpha.

The chart still looks cautious, with Ondo below the 50-day SMA at $0.35175 and key support near $0.314.

Sarosh noted that ONDO open interest has climbed back above $204 million, futures flows have turned positive across several intraday windows, and spot buying has started to show up again on both the 1-hour and 4-hour timeframes.