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$ONDO (1h) - Pullback Short
Bias: Short
Entry (Zone): 0.4430 - 0.4485
Targets:
TP1: 0.4315
TP2: 0.4220
TP3: 0.4105
Stop Loss: 0.4615
Why this Setup:
I’m fading the sharp push into resistance because momentum has stretched and price is still accepting below the recent spike high. I want to short a weak retrace back into the 0.4430 - 0.4485 area, using the prior breakout zone as resistance, with downside open toward the last consolidation shelves.