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ONDO struggles upward; 4-hour short signals are already flashing
$ONDO /USDT - SHORT
Trading plan:
Entry: 0.3440 – 0.3462
SL: 0.3557
TP1: 0.3372
TP2: 0.3319
TP3: 0.3239
Why focus on this structure?
- RSI on the 15-minute timeframe is 51.9, neutral-to-weak, with no immediate rebound momentum
- The 4-hour trend is bearish; within the intraday ranging zone, shorts have the advantage
- Current price 0.3451 is near the resistance zone; short-term downside targets TP1: 0.3372
- Why now? The entry has been confirmed; SL at 0.3557, risk-reward is 1:3
Discussion:
Will this short reach TP1 first, or will it be a stop-hunt fakeout rebound?