ONDO this bearish signal—do you dare to follow it?



$ONDO /USDT - SHORT sell

Trading plan:
Entry: 0.3145 – 0.3157
SL: 0.3212
TP1: 0.3105
TP2: 0.3075
TP3: 0.3029

Why focus on this structure?
- On the 4-hour timeframe, it’s bearish; the 1-day trend is clearly down, with a 95% high-confidence signal pointing to SHORT.
- Current price is 0.3151, close to the EMA resistance zone; the 15-minute RSI is only 53.12, showing no strength in the bounce.
- ATR shows low volatility—this is exactly the timing to enter: targets TP1 0.3105, TP2 0.3075, with SL set at 0.3212.
- Why now? The long-side rebound is meeting resistance; the bearish signal is already triggered—wait for confirmation to enter.

Discussion:
Will this drop hit TP2 first, or is it a bull trap?
ONDO2.36%
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