Everyone’s buying ONDO—I’m shorting it at 0.3636. Am I insane?



$ONDO /USDT - SHORT

Trade Plan:
Entry: 0.3620 – 0.3652
SL: 0.3792
TP1: 0.3519
TP2: 0.3441
TP3: 0.3323

Why this setup?
• 4h MTF confirms SHORT bias with 55% confidence.
• RSI on 15m is 46.54—weak momentum, not oversold yet.
• Entry at 0.3636 with TP1 at 0.3519, TP2 at 0.3441.
• Why now? Price is in a 1D range, and the ATR (0.0065) suggests low volatility—perfect for a mean reversion short.

Debate:
Do you fade the range top or wait for a breakout above 0.3725?
ONDO-0.32%
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