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Everyone’s buying the dip on ONDO—but the 4H chart just flashed a 95% confidence short signal.
$ONDO /USDT - SHORT
Trade Plan:
Entry: 0.3411 – 0.3453
SL: 0.3637
TP1: 0.3278
TP2: 0.3176
TP3: 0.3023
Why this setup?
Why now? The daily trend is bearish, and RSI on the 15m sits at 46.48—neutral but leaning weak. ATR on the 1h is tight at 0.0085, suggesting a breakout is imminent. With entry at 0.3432 and TP1 already at 0.3278, the risk-to-reward favors the downside before any bounce.
Debate:
Are you shorting the breakdown or waiting for a fakeout above 0.3453?