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Everyone is still bullish on ONDO—but the 4H chart just flashed a 95% confidence short signal.
$ONDO /USDT - SHORT
Trade Plan:
Entry: 0.3476 – 0.3510
SL: 0.3653
TP1: 0.3373
TP2: 0.3292
TP3: 0.3172
Why this setup?
Why now? RSI on the 15m is at 35.51 (oversold but still falling). 1D trend is bearish. Entry zone at 0.3493 with tight ATR (0.006685) means momentum is weak. TP1 at 0.3373 is the first liquidity grab before TP2 at 0.3292.
Debate:
Are you shorting ONDO here or waiting for a dead cat bounce first?