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ONDO on the 4-hour timeframe: bearish signals have been triggered, but with a 55% win rate—are you willing to follow it?
$ONDO /USDT - Short SHORT
Trading plan:
Entry: 0.3462 – 0.3490
SL: 0.3614
TP1: 0.3372
TP2: 0.3303
TP3: 0.3199
Why focus on this structure?
- Current price 0.3476; EMA and RSI (15m 52.02) are neutral-to-weak, and the 1D trend is ranging—there’s room for the shorts.
- Why now? The 4H bearish signal has already triggered; entry is 0.3462–0.3490, TP1 is 0.3372, SL is 0.3614, and the risk/reward is about 2:1.
- Note: If it breaks above 0.3512, the bearish setup is invalid—watch out for a fake breakout.
Discussion:
Will this move reach TP1 0.3372 first, or will it hit SL 0.3614 first? Comment your take in the replies.