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ONDO – Bear Trap or Real Breakdown?
$ONDO /USDT - SHORT
Trade Plan:
Entry: 0.313 – 0.315
SL: 0.322
TP1: 0.308
TP2: 0.304
TP3: 0.298
Why focus on this structure?
- 1D trend clearly bearish, 4H EMA resistance, RSI 15m at only 35.75, weakness continues.
- Current price 0.314, only 3.2% to TP2, clear downside room.
- Why now? 95% confidence SHORT signal activated, entry zone 0.313-0.315, stop 0.322, risk-reward 3.5:1.
Discussion:
Will it hit TP2 at 0.304 first, or fake a bounce to 0.32?