ONDO Short Signal 95%, 4H EMA Death Cross Imminent?



$ONDO /USDT - SHORT

Trading Plan:
Entry: 0.3348 – 0.3366
SL: 0.3441
TP1: 0.3294
TP2: 0.3252
TP3: 0.3188

Why pay attention to this structure?
- The daily trend is clearly bearish, with 4H EMAs arranged bearishly suppressing prices.
- RSI 15m at 56.3, neutral to weak, with weak bounces and bearish momentum building.
- ATR only 0.0035, low volatility, high probability of shorting before breaking the invalidation point at 0.3321.
- Current entry at 0.3357, TP1 at 0.3294 (-1.9%), TP2 at 0.3252 (-3.1%), with a clear stop loss.

Discussion:
Will it first hit TP2 before bouncing, or will it directly lure longs and stop them out?
ONDO-2.93%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned