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Everyone is loading up on ONDO—here’s why I just placed a SHORT at 0.3118.
$ONDO /USDT - SHORT
Trade Plan:
Entry: 0.3110 – 0.3126
SL: 0.3198
TP1: 0.3058
TP2: 0.3018
TP3: 0.2958
Why this setup?
• 95% confidence SHORT on the 4H—this isn’t a guess, it’s a statistical outlier.
• 1D trend is bearish, and 1h ATR of 0.0033 confirms low volatility squeeze.
• RSI at 52 on 15m shows no oversold bounce—momentum is stalling, not reversing.
• Entry zone 0.3110–0.3126 is a dead zone before the drop to TP1 at 0.3058.
• Why now? Price is rejecting the 0.3118 level with bearish structure intact.
Debate:
Are you shorting ONDO here, or waiting for a retest of 0.3126 to add size?