ONDO 4-hour short signal—who is the market waiting for to make the first move?



$ONDO /USDT - Short SHORT

Trading plan:
Entry: 0.3760 – 0.3796
SL: 0.3950
TP1: 0.3649
TP2: 0.3562
TP3: 0.3433

Why focus on this structure?
- Current price 0.3778, EMA15m diverging, RSI 55.7, short-term weakness in a choppy range.
- The 1D trend is range-bound, but a 4h bearish structure has formed; the precise entry is at 0.3778-0.3796.
- Why now? RSI has fallen from overbought, and ATR shows volatility tightening. A break above 0.3796 would invalidate the bearish thesis.

Discussion:
Will this first hit TP1 at 0.3649, or will it break down to lure longs first?
ONDO-0.67%
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