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ONDO short with a 95% win rate — dare to follow?
$ONDO /USDT - SHORT
Trading Plan:
Entry: 0.3150 – 0.3172
SL: 0.3264
TP1: 0.3084
TP2: 0.3033
TP3: 0.2956
Why focus on this structure?
- Bearish trend confirmed on the 4-hour timeframe, with the 1D trend also bearish.
- RSI (15 min) at 31.69 — short-term oversold but no reversal yet, downside remains.
- Current price 0.3161, enter short directly, TP1 at 0.3084, TP2 targeting 0.3033.
- Stop loss at 0.3264, risk manageable, risk-reward ratio close to 1:3.
Discussion:
Will it hit TP2 first, or will there a fakeout and bounce?