Most traders are long ONDO right now—that’s exactly why I’m watching for a breakdown.



$ONDO /USDT - SHORT

Trade Plan:
Entry: 0.3712 – 0.3754
SL: 0.3936
TP1: 0.3581
TP2: 0.3479
TP3: 0.3327

Why this setup?
• 4H structure shows range-bound drift, but RSI 15m at 59 suggests short-term exhaustion.
• ATR 1h at 0.0085 means tight stops—any spike to 0.3754 likely gets rejected.
• Entry ref 0.3733 with TP1 at 0.3581 gives a 4% move before the crowd sees it.

Debate:
Is 0.3692 the invalidation line that traps shorts, or just a shakeout before the real drop?
ONDO6.8%
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