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ONDO bulls' last chance to escape?
$ONDO /USDT - SHORT
Trading Plan:
Entry: 0.3172 – 0.3190
SL: 0.3266
TP1: 0.3117
TP2: 0.3075
TP3: 0.3011
Why pay attention to this structure?
- Bearish trend confirmed on the 4-hour timeframe, RSI 15m has reached 59.7, rebound nearing its end
- Current price around 0.3181 is in the EMA resistance zone, going LONG directly carries high risk
- Why now? SHORT signal triggered with 95% confidence, TP1 0.3117 is within reach
Discussion:
Will it first wick down to 0.3117 and then bounce, or go straight to TP2?