ONDO on the 4-hour timeframe hides a trap—has the short signal already been activated?



$ONDO /USDT - go SHORT

Trading plan:
Entry: 0.3703 – 0.3741
SL: 0.3901
TP1: 0.3587
TP2: 0.3498
TP3: 0.3363

Why focus on this structure?
- RSI (15-minute) is only 48.44, and momentum is weak—rebounds lack strength.
- The 1D trend is range-bound, but on the 4-hour timeframe the bearish direction is clear, with the entry reference at 0.3722.
- SL is 0.3901, TP1 is 0.3587, and the risk-reward ratio is reasonable.
- Why now? The EMA structure suggests pressure—short setups are positioned just in time.

Discussion:
Will this move first dump to TP1 0.3587, or is it a bear trap that triggers a short-covering rebound? Which side are you on?
ONDO2.01%
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