$ONDO This bounce looks like a chance to short.



You can watch the entry around 0.3659 to 0.375. If it moves lower, look at 0.3559 and 0.3443. Set the defense at 0.3862. I think this move is most likely a dead-cat bounce, so shorting while it’s lifted to the resistance level is one idea.

But watch the risk: currently the momentum on the 15-minute timeframe is quite strong, and it’s possible it will break through the resistance directly, causing the short thesis to fail. Everyone, don’t go all-in—control your position size according to your own account. Also, $SOXL and $AKE can be followed as well.
ONDO2.35%
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