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Everyone’s buying ONDO—but the 4h chart just flashed a signal nobody’s talking about.
$ONDO /USDT - SHORT
Trade Plan:
Entry: 0.3631 – 0.3693
SL: 0.3956
TP1: 0.3441
TP2: 0.3294
TP3: 0.3073
Why this setup?
RSI on 15m is 37.77 (oversold), yet the 1D trend is range with a SHORT bias at 55% confidence. Why now? ATR on 1h is tight at 0.01227—volatility is coiling. Entry at 0.3662 with TP1 at 0.3441 gives a 6% drop. The “Armed” status means the setup is live, not hypothetical.
Debate:
Is this a dead cat bounce or the start of a dump to 0.3294?