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What are ONDO longs waiting for? 4-hour shorts are already at a 95% win rate
$ONDO /USDT - Short SHORT
Trading Plan:
Entry: 0.3277 – 0.3295
SL: 0.3373
TP1: 0.3221
TP2: 0.3177
TP3: 0.3112
Why focus on this structure?
- 4-hour RSI 36.32, bearish momentum has not been exhausted, and EMA resistance is clearly present.
- Reference ATR 0.003629, current 0.3286 is only 3.3% away from TP2, with a risk-reward ratio of 1:2.5.
- The 1-day trend is bearish; a short-term bounce is a chance to add to positions.
Discussion:
For this short, should we target TP2 0.3177 first, or break through and cut straight to 0.3112?