ONDO's 4h chart just flipped bullish, but the daily is still stuck in a boring range.
$ONDO
/USDT - 🟢 LONG · Conf 79%
Trade Plan:
Entry: 0.3821004 – 0.3842996
SL: 0.3515805
TP1: 0.4069147
TP2: 0.4227244
TP3: 0.4464391
Why this setup?
- The 1h entry reference at 0.3832 is holding firm, with a tight entry zone between 0.3821 and 0.3843.
- RSI on the 15m is at 55.8, giving the bulls a runway before hitting overbought territory.
- Why now? The trend on the 4h is your friend here, and the path to TP1 at 0.4069 is a clean 6% move from the trigger.
- This is a trend-following setup, not a reversal, so the higher timeframe aligns with this LONG bias.
- The invalidation level sits at 0.3460, and the SL at 0.3515 gives you a solid risk-to-reward ratio of nearly 1:2.5 on the first target.
Debate:
Is this the breakout that finally breaks the daily range, or are we just front-running the next fakeout?
Click here to Trade 👇️
$ONDO
/USDT - 🟢 LONG · Conf 79%
Trade Plan:
Entry: 0.3821004 – 0.3842996
SL: 0.3515805
TP1: 0.4069147
TP2: 0.4227244
TP3: 0.4464391
Why this setup?
- The 1h entry reference at 0.3832 is holding firm, with a tight entry zone between 0.3821 and 0.3843.
- RSI on the 15m is at 55.8, giving the bulls a runway before hitting overbought territory.
- Why now? The trend on the 4h is your friend here, and the path to TP1 at 0.4069 is a clean 6% move from the trigger.
- This is a trend-following setup, not a reversal, so the higher timeframe aligns with this LONG bias.
- The invalidation level sits at 0.3460, and the SL at 0.3515 gives you a solid risk-to-reward ratio of nearly 1:2.5 on the first target.
Debate:
Is this the breakout that finally breaks the daily range, or are we just front-running the next fakeout?
Click here to Trade 👇️
