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Is the ONDO long side still clinging on? The 4-hour short signal has turned red
$ONDO /USDT - SHORT
Trading plan:
Entry: 0.3415 – 0.3441
SL: 0.3551
TP1: 0.3336
TP2: 0.3274
TP3: 0.3181
Why watch this setup?
- 4-hour-level short signals confirmed; RSI on the 15-minute chart has fallen to 36.45, with momentum weakening.
- The current price 0.3428 is pressing against EMA resistance; if it breaks below 0.3415, the shorts will accelerate.
- Stop loss set at 0.3551; the risk-reward ratio is reasonable and suitable for short-term trades.
Discussion:
Will this move hit TP1 at 0.3336 first, or is it a stop-hunt bounce?