ONDO 4-hour RSI drops to 28—bottom-buy signal or a trap?



$ONDO /USDT - Go LONG

Trading plan:
Entry: 0.3387 – 0.3423
SL: 0.3177
TP1: 0.3576
TP2: 0.3690
TP3: 0.3861

Why focus on this structure?
The 15-minute RSI has reached 28.91, entering the oversold zone, and the 4-hour EMA support is near 0.3404. The current price at 0.3405 is exactly at the LONG entry reference point, with TP1 at 0.3576 (+5%). The 1D trend is range-bound, which suits short-term LONG rebound trades.

Discussion:
Do you think this move can reach TP1 at 0.3576 first, or will it break below the invalidation level at 0.3377?
ONDO-9.38%
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