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Most traders are buying ONDO right now—here’s why I’m not.
$ONDO /USDT - SHORT
Trade Plan:
Entry: 0.3605 – 0.3627
SL: 0.3725
TP1: 0.3534
TP2: 0.3480
TP3: 0.3398
Why this setup?
• 4h bias is SHORT with 55% confidence, and price is sitting exactly at the 0.3616 ref level.
• RSI on 15m is neutral at 49, giving no bullish momentum to break resistance.
• ATR on 1h is tight at 0.0045, meaning the next move could be explosive—but the path of least resistance is down.
• Entry zone: 0.3605–0.3627. TP1 at 0.3534, TP2 at 0.3480. Invalidation only above 0.3641.
Debate:
Are you shorting ONDO here, or waiting for a breakout above 0.3641 first?