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Everyone’s bullish on ONDO—but the 4h chart just whispered a secret the crowd missed.
$ONDO /USDT - SHORT
Trade Plan:
Entry: 0.3555 – 0.3597
SL: 0.3774
TP1: 0.3428
TP2: 0.3329
TP3: 0.3181
Why this setup?
Why now? RSI at 47 on 15m shows no momentum, sitting in no-man’s-land. Trend is range, not breakout. ATR volatility is low—squeeze incoming. Entry zone 0.3555–0.3597 with TP1 at 0.3428 is the path of least resistance. Short bias is armed, not dead.
Debate:
Is this a trap for late longs or the start of a 10% slide to TP3?