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Everyone is bullish on ONDO—here’s why they’re about to get wrecked.
$ONDO /USDT - SHORT
Trade Plan:
Entry: 0.3423 – 0.3465
SL: 0.3648
TP1: 0.3291
TP2: 0.3189
TP3: 0.3036
Why this setup?
95% confidence SHORT on ONDO. 4h trend is bearish, and RSI on 15m sits at 55.57—neutral but failing to push higher. With ATR at 0.0085, the next move down is primed. Entry zone 0.3423–0.3465, TP1 at 0.3291. Why now? The daily trend hasn’t flipped, and this is a classic rejection setup before a breakdown.
Debate:
Are you closing longs before 0.3291, or waiting for a dead cat bounce?