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Everyone is bullish on ONDO—here’s why I’m shorting it at 0.3241.
$ONDO /USDT - SHORT
Trade Plan:
Entry: 0.3234 – 0.3248
SL: 0.3311
TP1: 0.3188
TP2: 0.3153
TP3: 0.3100
Why this setup?
4H trend is bearish, RSI on 15m is 34.42 (oversold but still falling). Entry at 0.3241 with TP1 at 0.3188 and TP2 at 0.3153. ATR of 0.0029 suggests tight stops—momentum is with sellers. Why now? The 95% confidence score signals a high-probability breakdown before any bounce.
Debate:
Will ONDO hit TP2 at 0.3153, or do you see a fakeout trap here?