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Most traders are still buying ONDO while the 4h signals just flipped bearish.
$ONDO /USDT - SHORT
Trade Plan:
Entry: 0.3701 – 0.3743
SL: 0.3919
TP1: 0.3574
TP2: 0.3476
TP3: 0.3328
Why this setup?
Price stuck at 0.3722 with RSI 53 on 15m — no momentum to break range. ATR shows low volatility (0.0082), meaning the next move could be explosive. With TP1 at 0.3574 and TP2 at 0.3476, the risk-to-reward favors shorts until 0.3693 invalidates the setup.
Debate:
Will ONDO dump to 0.3476 first, or is this a fakeout trap before a pump to 0.3968?