Everyone’s bullish on ONDO—I’m watching a 55% short setup form right now.



$ONDO /USDT - SHORT

Trade Plan:
Entry: 0.3736 – 0.3798
SL: 0.4067
TP1: 0.3542
TP2: 0.3392
TP3: 0.3167

Why this setup?
Why now?
- 4h structure confirms SHORT bias with moderate confidence (55.4).
- RSI on 15m sits at 44.11—still room to drop before oversold.
- 1-day trend is range, so this is a mean-reversion play, not a breakout.
- Entry at 0.3767, with TP1 at 0.3542 (−6%) and TP2 at 0.3392 (−10%).
- ATR on 1h is tight (0.0125), suggesting low volatility—ideal for a clean scalp.

Debate:
Is this a fakeout before a dump, or will ONDO sweep the alt entry at 0.3992 first?
ONDO-8.2%
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