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Everyone is bearish on ONDO—what if they’re wrong about ONDO?
$ONDO /USDT - LONG
Trade Plan:
Entry: 0.3089 – 0.3109
SL: 0.2972
TP1: 0.3194
TP2: 0.3257
TP3: 0.3352
Why this setup?
• 4H structure shows a hidden bullish divergence: RSI 15m at 43.68 while price holds above key support at 0.3089.
• Entry zone (0.3089–0.3109) aligns with a 1h ATR squeeze (0.004059) – low volatility often precedes explosive moves.
• TP1 at 0.3194 is just 3% away; TP2 at 0.3257 offers a 5%+ risk/reward with SL at 0.2972.
• Why now? Bearish trend is exhausted—84% confidence signals a reversal is imminent.
Debate:
Are you fading the daily downtrend for this 4H long, or waiting for confirmation below 0.3089?