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ONDO long positions are already trapped, and the 4H short signal at 95% points to a sharp drop.
$ONDO /USDT - go SHORT
Trading plan:
Entry: 0.3235 – 0.3251
SL: 0.3316
TP1: 0.3188
TP2: 0.3151
TP3: 0.3097
Why focus on this setup?
• The daily trend is clearly bearish, 4H short confidence 95%
• Current price at 0.3243 is right at EMA resistance; RSI on 15M is only 23.45 near oversold but has not bounced
• Entry range 0.3235-0.3251; TP1=0.3188 (-1.7%); TP3=0.3097 (-4.5%)
• Why now? Weak oversold bounce, shorts pressing in—this is the best time to chase the short.
Discussion:
Will this move hit TP2=0.3151 first, or will it trap shorts and then rebound directly to SL=0.3316?