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ONDO long vs short showdown—who gets liquidated first?
$ONDO /USDT - go short SHORT
Trading plan:
Entry: 0.3725 – 0.3757
SL: 0.3891
TP1: 0.3628
TP2: 0.3553
TP3: 0.3440
Why focus on this structure?
- 4-hour SHORT signal: entry 0.3741, TP1 at 0.3628; RSI on 15m is only 46, momentum is weak.
- Why now? The daily chart is consolidating, ATR is just 0.006; after a narrow-range shakeout, downside could accelerate.
- If it breaks 0.3725, the short opportunity is clear; otherwise, be cautious of a fake breakout that triggers a rebound.
Discussion:
Will this move hit TP1 first, or will it fake a breakdown and bounce back?