ONDO 4-hour timeframe bearish signal has been triggered. Are you ready?



$ONDO /USDT - SHORT

Trading plan:
Entry: 0.3859 – 0.3899
SL: 0.4122
TP1: 0.3696
TP2: 0.3575
TP3: 0.3392

Why focus on this setup?
- The 4-hour EMA and RSI show an overbought signal (15-minute RSI 71.96), with strong pressure for a short-term pullback.
- Current price is 0.3879, close to the primary entry range 0.3859-0.3899, and the bearish direction is clear.
- Short-term target TP2 at 0.3575 (risk-reward about 3.9:1). The stop loss at 0.4122 is reasonable.

Discussion:
Do you think ONDO will first rebound to 0.3899 and then fall, or will it directly test TP1 0.3696? Let’s talk about your strategy in the comments!
ONDO15.41%
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