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Everyone is buying ONDO, but the 4h chart just flashed a 95% bearish signal.
$ONDO /USDT - SHORT
Trade Plan:
Entry: 0.3183 – 0.3207
SL: 0.3311
TP1: 0.3108
TP2: 0.3049
TP3: 0.2962
Why this setup?
Why now? The 1D trend is bearish, and RSI on the 15m is only 56—no overbought relief. ATR on 1h is tight at 0.0048, meaning a breakout is imminent. Entry ref at 0.3195 targets TP1 at 0.3108, with room to TP3 at 0.2962. The 95% confidence isn't a guess; it's a pattern.
Debate:
Are you shorting ONDO before it drops 7% to TP3, or is this a fakeout trap?