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$ONDO (1h) - Short Rejection
Bias: Short
Entry (Zone): 0.4040 - 0.4120
Targets:
TP1: 0.3920
TP2: 0.3820
TP3: 0.3680
Stop Loss: 0.4225
Why this Setup:
I’m seeing price stall after a sharp push into overhead supply, and the rebound looks like it’s losing steam near resistance. I want to fade this move if buyers fail to reclaim the recent highs, with room for a rotation back toward the lower support area.
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