ONDO 4-hour chart exposes its weakness, bearish signals are armed
$ONDO /USDT - SHORT
Trading Plan:
Entry: 0.3684 – 0.3712
SL: 0.3828
TP1: 0.3601
TP2: 0.3536
TP3: 0.3439
Why watch this structure?
- Current price 0.3698, entry range 0.3684-0.3712, SL 0.3828, with a clear risk-reward ratio
- 1D trend is choppy, 4H SHORT signal has 55% confidence, 15M RSI is 48.3 with no oversold conditions, and downside room remains
- TP1 0.3601 → TP2 0.3536; if 0.3734 breaks, the signal is invalidated. This is currently a short-term trading window
Discussion:
Take TP2 first, or is this a fake breako