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ONDO bearish signal 95%—do you dare to follow?
$ONDO /USDT - SHORT
Trading plan:
Entry: 0.3275 – 0.3289
SL: 0.3350
TP1: 0.3231
TP2: 0.3197
TP3: 0.3147
Why focus on this structure?
- The 4-hour EMA trend is clearly pointing downward, and the daily chart has remained bearish.
- The RSI on 15m is only 48.27, with no oversold bounce momentum.
- The current price of 0.3282 is close to EMA resistance—the best shorting window.
- Target TP1: 0.3231, TP2: 0.3197—clear downside room.
Discussion:
Will this short reach TP2 first, or will it be a bull-trap bounce?