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Is the ONDO long position not fully dead yet? On the 4-hour timeframe, the shorts have already drawn their swords.
$ONDO /USDT - SHORT
Trading plan:
Entry: 0.3237 – 0.3251
SL: 0.3310
TP1: 0.3194
TP2: 0.3161
TP3: 0.3112
Why focus on this structure?
- The 1-day trend is clearly bearish, and the 4-hour EMA suppression has been persistent.
- Current price is 0.3244. RSI on 15m is only 42.85, and the rebound lacks strength.
- Safe SHORT entry zone: 0.3237-0.3251. Targets: TP1 0.3194, TP2 0.3161.
- Why now? Short momentum hasn’t faded, RSI isn’t oversold, and downside room remains.
Discussion:
Will this short hit TP2 first, or will it lure the market into a rebound before killing it?