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Everyone is bullish on ONDO at 0.35, but my data shows a 95% chance this is a trap.
$ONDO /USDT - SHORT
Trade Plan:
Entry: 0.35 – 0.35
SL: 0.37
TP1: 0.34
TP2: 0.33
TP3: 0.32
Why this setup?
• 4H timeframe confirms bearish trend with daily structure still broken.
• RSI on 15m is neutral at 55—no momentum for a breakout.
• Entry at 0.35 with tight SL at 0.37; TP1 at 0.34 is only 3% away.
• Why now? The market is waiting for a rejection—if it fails to hold 0.35, a drop to 0.33 is likely.
Debate:
Are you buying the dip at 0.35 or waiting for a clean breakdown below 0.34?