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ONDO longs’ last chance to escape?
$ONDO /USDT - short SHORT
Trading plan:
Entry: 0.3240 – 0.3258
SL: 0.3331
TP1: 0.3188
TP2: 0.3147
TP3: 0.3086
Why watch this setup?
- On the 4-hour timeframe, the sell signal is clear, with 95% confidence pointing to SHORT
- RSI on the 15-minute chart is only 43.47; rebounds lack strength, with bearish momentum building
- The 1-hour EMA is clearly suppressing price; the 1D trend remains in a bearish market, and 0.3249 is the key resistance right now
Discussion:
Will this round’s TP1 at 0.3188 break directly, or will it first lure a long move to 0.3276?