Ondo Finance (ONDO) posted a remarkable 6.33% gain in a single day, outperforming Bitcoin which rose by 1.90%. Open Interest jumped 16% in 24 hours, signaling heightened speculative interest, but trading volume remained weak compared to May’s intensity. The transfer of 8.1 million ONDO ($1.66 million) to Coinbase renewed concerns of selling pressure. Unless the price sustainably breaks above the $0.47 resistance level, the token will remain exposed to a correction within the identified selling zone between $0.413 and $0.470.
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