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Will you dare to follow ONDO’s 4h short signal?
$ONDO /USDT - SHORT the trade
Trading plan:
Entry: 0.3466 – 0.3488
SL: 0.3584
TP1: 0.3397
TP2: 0.3343
TP3: 0.3263
Why focus on this structure?
RSI on 15m is at 41.36, and weakness is obvious. The 1D trend is ranging, but the 4h direction is already locked into SHORT. Entry is around 0.3477, TP1 0.3397, TP2 0.3343, SL 0.3584. Why now? Because the 15m RSI has been continuously declining, and bearish momentum is being released.
Discussion:
Will this move hit TP2 first, or is it a bull trap?