ONDO’s 4-hour EMA death cross is about to be confirmed, with shorts positioned at 0.3477.



$ONDO /USDT - SHORT sell

Trading plan:
Entry: 0.3461 – 0.3493
SL: 0.3627
TP1: 0.3365
TP2: 0.3290
TP3: 0.3178

Why focus on this structure?
- The 4-hour EMA trend turns bearish, and the 15m RSI is 56.29, with weak bounce strength.
- The daily chart is in a consolidation range; the 1-hour ATR is only 0.0062, and after volatility tightens, it usually breaks down.
- Current entry at 0.3477, with TP1 at 0.3365; the risk-reward ratio is reasonable.

Discussion:
If it breaks below 0.3461, would you chase the short, or wait for a rebound to enter?
ONDO-7.00%
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