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ONDO long positions’ last chance to escape?
$ONDO /USDT - go short SHORT
Trading plan:
Entry: 0.3420 – 0.3444
SL: 0.3548
TP1: 0.3345
TP2: 0.3287
TP3: 0.3200
Why watch this structure?
- The 4H SHORT signal has been triggered; on the 15m, RSI is only 42.88, with weak momentum.
- Current price 0.3432 is near the 1H EMA resistance; if it can’t hold above 0.3508, it will likely retest TP1 at 0.3345.
- Why now? The daily range’s upper edge is suppressing, and ATR volatility is low—suitable for setting a covert short.
Discussion:
Will this move reach TP1 first, or will it directly spike up to bait longs?