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ONDO short signal 95%, this 4H death cross going to kill longs?
$ONDO /USDT - SHORT
Trade Plan:
Entry: 0.3177 – 0.3195
SL: 0.3269
TP1: 0.3123
TP2: 0.3082
TP3: 0.3019
Why focus on this structure?
- 4H EMA bearish alignment, RSI 15min at 64.58 has dropped from overbought, momentum fading.
- Daily trend clearly bearish, current price 0.3186 is exactly the SHORT entry reference zone.
- ATR 1H only 0.0035, volatility contraction often leads to breakout, short side has favorable odds.
Discussion:
Will TP2 at 0.3082 be reached this week, or will it bounce and hit stop loss first?