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Everyone’s waiting for a bounce on ONDO—I’m watching the breakdown nobody sees.
$ONDO /USDT - SHORT
Trade Plan:
Entry: 0.3442 – 0.3474
SL: 0.3616
TP1: 0.3339
TP2: 0.3260
TP3: 0.3141
Why this setup?
4h structure is bearish with 1D trend confirming weakness. RSI on 15m sits at 40.6—no oversold relief yet. ATR shows low volatility, meaning the next move could be explosive. Entry ref at 0.3458 with TP1 at 0.3339 gives a clean 3.4% risk-to-reward. Why now? The 95% confidence score isn’t guessing.
Debate:
Are you shorting into 0.3260 or waiting for a fakeout to 0.3474 first?