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ONDO bulls still holding on? 4-hour bearish signal is 95% locked in.
$ONDO /USDT - Short SHORT
Trading Plan:
Entry: 0.3352 – 0.3372
SL: 0.3456
TP1: 0.3292
TP2: 0.3245
TP3: 0.3175
Why pay attention to this structure?
- Daily trend is clearly bearish, with a 95% bearish signal strength at the 4-hour level.
- Current price at 0.3362, closely pressed down by EMA, 15-minute RSI is only 49.8, weak rebound.
- Why now? 1-hour ATR is only 0.0039, after a low-volume consolidation, it is likely to accelerate downward, TP1 0.3292 is right ahead.
Discussion:
Will this wave first hit TP1 and rebound, or directly spike to TP2 0.3245?