ONDO bearish trap signals? A 77% win rate isn’t a joke.



$ONDO /USDT - Short SHORT

Trading plan:
Entry: 0.3667 – 0.3701
SL: 0.3890
TP1: 0.3529
TP2: 0.3426
TP3: 0.3272

Why watch this structure?
- 4-hour bearish confirmation is clear: strong EMA suppression, and rebounding near 0.3684 is the best entry.
- 15-minute RSI is as high as 65.88—short-term overbought. With 1-hour ATR only 0.00661, after volatility contraction there should be a sharp drop.
- Target TP1 0.3529, TP2 0.3426, stop loss 0.3890, with a risk-reward ratio of over 3:1.
- Why now? At the upper edge of the daily consolidation range, bears are building momentum, waiting for a high-volume breakdown.

Discussion:
Will this ONDO first dump to TP2, or will it bounce to lure longs and then get killed? Drop your take in the comments section.
ONDO17.03%
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