$ONDO Signal】Bull breakout + negative funding rate short squeeze


$ONDO The 1H MACD histogram continues to expand. After the upper Bollinger Band at 0.3605 was breached, the price surged directly to 0.3662. The 1H RSI at 86.28 has entered the overbought zone, but the funding rate at -0.0198% is still negative; OI is stable, and shorts are not yet closed. Deep buy orders are concentrated around 0.365, and although sell pressure is slightly higher, the price holds firm. For the risk-reward ratio: the upper target 1 has 1.5% upside space, while the stop loss is only 1% away. For a short-term trade, the cost-effectiveness is still acceptable.
🎯 Direction: long
⚡ Entry / orders: 0.365101 - 0.366200
🛑 Stop loss: 0.362538
🚀 Target 1: 0.371693
🚀 Target 2: 0.374440
🛡️ Trade management:
- Execute strategy: after reaching target 1, reduce the position by 50%, and move the stop loss up to breakeven. If the price drops back to the entry area, exit automatically to protect principal.
Negative funding rate combined with the price breakout may lead to short covering or acceleration. But in the overbought zone, watch for the risk of a spike-and-retrace; follow the stop loss strictly.
Check real-time market 👇 $ONDO
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ONDO13.46%
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