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ONDO short with a 95% win rate, dare to follow?
$ONDO /USDT - Short SHORT
Trading Plan:
Entry: 0.3322 – 0.3340
SL: 0.3419
TP1: 0.3265
TP2: 0.3221
TP3: 0.3156
Why focus on this structure?
The 4-hour EMA trend is clearly downward, RSI is only 39.97, and short momentum is not exhausted. The current 0.3331 is a resistance level for a rebound, and entry is the breakout point. Why now? Atr shows low volatility, the stop loss at 0.3419 is 2.6% from entry, risk is controllable, and TP2 at 0.3221 gives a profit of 3.3%.
Discussion:
Will this wave hit TP2 first, or is it a short trap rebound?