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ONDO long final escape window?
$ONDO /USDT - Short SHORT
Trading plan:
Entry: 0.3078 – 0.3090
SL: 0.3145
TP1: 0.3038
TP2: 0.3007
TP3: 0.2961
Why focus on this structure?
- 4-hour timeframe confirms the short trend, with 95% confidence pointing to SHORT.
- Current price 0.3084 is near the 1-hour EMA resistance; RSI on 15M is only 48.16, with weak rebounds.
- ATR is just 0.0026; after volatility contraction, it most likely breaks downward.
- Why now? 1D bearish trend + precise entry zone; TP1 at 0.3038 is just one step away.
Discussion:
Will this drop directly break through TP2 0.3007, or will it first rebound to lure longs and then turn into a waterfall?