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ONDO 4H-level bearish signal—are you willing to short?
$ONDO /USDT - SHORT
Trading plan:
Entry: 0.340 – 0.342
SL: 0.352
TP1: 0.333
TP2: 0.327
TP3: 0.319
Why focus on this structure?
- RSI on 15 minutes is only 39.35, momentum is weak, bears have the edge
- The 4H direction is clearly SHORT, with SL set at 0.352, risk is controllable
- Around 0.341 now; TP1 is 0.333, TP2 is 0.327, and the risk-reward is good
Discussion:
For this short, do you think we’ll see TP2 first, or is it a bear trap bounce?