【$ONDO Signal】Observation pending order: waiting for a pullback to go long

$ONDO RSI 90, 4H Bollinger Band upper band 0.4217 has been left behind, price deviated over 18%. The 1H MACD histogram continues to narrow, buying momentum wanes. Depth shows seller pressure slightly increased, but funding rate is only 0.0048%, no sign of short squeeze. Current risk-reward ratio is very unfavorable, chasing longs is like catching a flying knife.

🎯Direction: Observation (pending order)

⚡Entry/Pending order: 0.4490 (limit order to pull back to the suggested upper range)

🛑Stop loss: 0.3218

🚀Target 1: 0.4525

🚀Target 2: 0.4544

🛡️Trade management: - Execute strategy: reduce 50% of position after reaching Target 1, and move stop loss to break-even. If price falls back into the entry zone, automatically exit to protect principal.

Depth logic: RSI at high level is dulled but has not formed a death cross, 4H remains in a strong bullish channel, the only reasonable play is a pullback. The 0.4490 pending order is close to previous high support, once triggered, it can aim for a momentum surge, but beware of sudden break-through.

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