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ONDO longs still daring to hold? 4-hour trend is dead.
$ONDO /USDT - SHORT
Trading Plan:
Entry: 0.3166 – 0.3186
SL: 0.3271
TP1: 0.3105
TP2: 0.3058
TP3: 0.2987
Why focus on this structure?
- 1D trend is clearly bearish, 4-hour short signal with 95% confidence.
- 15m RSI is only 40.49, weak bounce, bearish momentum building.
- Current price 0.3176, targeting TP1 at 0.3105, downside 3%.
- Why now? EMA resistance + weak RSI, short window already open.
Discussion:
Will this short hit TP1 first, or smash straight through TP2?