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ONDO short with 95% win rate, dare to follow?
$ONDO /USDT - SHORT
Trading Plan:
Entry: 0.3298 – 0.3316
SL: 0.3390
TP1: 0.3245
TP2: 0.3204
TP3: 0.3142
Why focus on this structure?
- 4-hour cycle confirms bearish trend, 1-day bearish, direction is clear.
- RSI 15-minute 46.92, not oversold, downside potential remains.
- Current price 0.3307, near resistance at 0.3316, precise short entry point.
- TP1 0.3245, TP2 0.3204, favorable risk-reward ratio.
- Why now? 0.3316 is the invalidation level; a breakdown will accelerate the decline.
Discussion:
Will this move hit TP2 first, or fake out and bounce?