Everyone is bullish on ONDO—but the 4h chart just flashed a 95% short signal.



$ONDO /USDT - SHORT

Trade Plan:
Entry: 0.3402 – 0.3446
SL: 0.3640
TP1: 0.3262
TP2: 0.3154
TP3: 0.2992

Why this setup?
Why now?
- 1D trend is bearish, and ONDO is rejecting the 0.3425 resistance zone.
- RSI on 15m sits at 52.24—neutral, not overbought, leaving room for a drop.
- ATR (1h) at 0.0089 confirms low volatility squeeze—breakouts tend to be violent.
- Entry at 0.3424 with TP1 at 0.3262 offers a clean 4.7% risk/reward.

Debate:
Are you waiting for the breakdown below 0.3402, or do you think this is a fakeout before a pump?
ONDO3.99%
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned