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What if $ONDO ’s rejection is only the beginning? 👀
ONDO failed to stay above the key resistance zone and sellers are stepping back in. If price continues trading below this level, more downside could be on the table.
Trade Setup
Position: Short
Entry: $0.4000 – $0.4025
TP1: $0.3920
TP2: $0.3840
TP3: $0.3750
Stop Loss: $0.4090
The bearish structure is still holding. Watch the support breakdown and manage risk carefully.
#DirectIPOSeason2JerseyMikes #CXMTDebutsWith90.1BTradingVolume