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Everyone’s long ONDO—but the 4h data says the rug is already prepped.
$ONDO /USDT - SHORT
Trade Plan:
Entry: 0.360 – 0.362
SL: 0.372
TP1: 0.353
TP2: 0.348
TP3: 0.339
Why this setup?
RSI on 15m sits at 52, barely neutral, while the 1D trend is stuck in range. Entry at 0.361 with TP targets sliding to 0.353 and 0.348—that’s a 3.3% move before you see green. The ATR is tight at 0.0045, meaning the squeeze is quiet but directional. Why now? Because the alt setup is a trap: bullish targets above 0.369 only trigger if we break 0.364 invalidation. The short path is cleaner.
Debate:
Are you shorting the range or waiting for a fake breakout above 0.364?