ONDO 4-hour bearish divergence at the top—are the insiders distributing?



$ONDO /USDT - SHORT to go short

Trading plan:
Entry: 0.3626 – 0.3656
SL: 0.3823
TP1: 0.3505
TP2: 0.3414
TP3: 0.3277

Why focus on this structure?
- The 15-minute RSI has reached 88.11, severely overbought, with extreme short-term pullback pressure
- The 4-hour EMA lines are stuck together; once it breaks below the 0.3626 support, the downtrend will accelerate
- ATR is only 0.00583, volatility is relatively low; a breakout/change is imminent—this is the best entry window right now

Discussion:
For this SHORT, should we start by targeting TP1 0.3505, or go straight with a quick dip to TP2 0.3414?
ONDO16.26%
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