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ONDO Short Alert: 95% Win Rate Signal Activated, Reversal or Trap?
$ONDO /USDT - SHORT
Trade Plan:
Entry: 0.3332 – 0.3352
SL: 0.3433
TP1: 0.3274
TP2: 0.3228
TP3: 0.3159
Why Pay Attention to This Structure?
- 4H trend is clearly bearish, 1H Pivot 0.3342 forms strong resistance
- Current RSI(15m) is only 43, not oversold, downside potential remains
- First target TP1 0.3274 is 2% from current price, risk-reward ratio exceeds 1:2
- If it breaks below 0.3314, shorts will accelerate towards TP2 0.3228
Discussion:
Will this short move first hit TP2 then bounce, or is it a direct fakeout reversal?