Is ONDO’s main force setting a trap?



$ONDO /USDT - short SHORT

Trading plan:
Entry: 0.3287 – 0.3301
SL: 0.3365
TP1: 0.3241
TP2: 0.3206
TP3: 0.3153

Why focus on this structure?
- On the 4-hour timeframe, the trend is clearly bearish; the 15-minute RSI has reached 66.49, in the overbought zone, with strong pullback pressure.
- The current price 0.3294 is right along the EMA; once it breaks below 0.3276, the shorts will accelerate.
- TP1 is at 0.3241, TP2 at 0.3206, with a reward-to-risk ratio of over 1:2.

Discussion:
For this SHORT move, are we targeting TP2 first, or going straight for a spike-and-rebound?
ONDO2.88%
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