Has ONDO’s 4-hour chart flashed red?
$ONDO /USDT - Short SHORT
Trading plan:
Entry: 0.3662 – 0.3688
SL: 0.3800
TP1: 0.3582
TP2: 0.3519
TP3: 0.3426
Why pay attention to this setup?
- The 1D trend is ranging, but the 4H direction is clearly SHORT, with 55% confidence. This is not a full-position signal, but a probing signal.
- Reference entry: 0.3675. TP1 at 0.3582 and TP2 at 0.3519, offering roughly 4% of room—enough for a short-term move.
- The 15-minute RSI is 48.35, neutral to weak, with no oversold condition, so the downtrend still has momentum.
- Key point: As long as the 4H candle d