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Everyone is bullish ONDO, but the 4h chart just whispered something they missed.
$ONDO /USDT - SHORT
Trade Plan:
Entry: 0.3676 – 0.3706
SL: 0.3837
TP1: 0.3582
TP2: 0.3509
TP3: 0.3399
Why this setup?
Why now? The RSI on 15m is at 61.46—not overbought, but stalling inside a range. The 1h pivot at 0.3691 is acting as resistance, with ATR just 0.006073, showing low volatility before a potential breakdown. A SHORT bias at 55% confidence, with TP1 at 0.3582, targets the range floor. If 0.3641 invalidates, the long alt plays—but the data favors gravity.
Debate:
Are you shorting ONDO at 0.3691, or waiting for a fakeout above 0.3706?