ONDO 4-hour chart: the shorts have set their sights on 0.3221.



$ONDO /USDT - SHORT sell

Trading plan:
Entry: 0.3262 – 0.3276
SL: 0.3333
TP1: 0.3221
TP2: 0.3189
TP3: 0.3141

Why focus on this setup?
- The 1-day trend is clearly bearish, and the 4-hour EMA is visibly capping price action.
- RSI on the 15-minute timeframe is only 42.38; any bounce lacks strength, and the short momentum hasn’t been released.
- Current price is 0.3269, right at the entry reference level, with TP1 0.3221 within reach.
- Why now? 95% confidence in the short signal, and the 1-hour ATR is only 0.002668—volatility is mild, making it suitable for a short-term trap entry.

Discussion:
Will this short hit TP1 first, or will it smash straight through to TP2?
ONDO2.39%
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