Step 1
$ONDO
Whale activity
Step 2
Short squeeze
Step 3
Whale support is cushioning ONDO, signaling potential for a quick reversal. Price is testing critical support with active ignition signals.
Bias: Bullish short-term scalp.
Trade Plan
Entry: 0.3657
SL: 0.3644
TP: 0.3673 / 0.3858
Market Evidence:
• Whale support detected at key entry levels.
• Negative funding indicates potential for a short squeeze.
• Active ignition and reentry signals present.
Risk:
• Long-heavy positioning (L/S 1.59) creates significant liquidation risk if support fails.
Watch:
Monitor for a breach of 0.3644; a breakdown invalidates the setup.
I'll update this setup if market conditions evolve.
#ONDO #ONDOUSDT #CryptoTrading
$ONDO
Whale activity
Step 2
Short squeeze
Step 3
Whale support is cushioning ONDO, signaling potential for a quick reversal. Price is testing critical support with active ignition signals.
Bias: Bullish short-term scalp.
Trade Plan
Entry: 0.3657
SL: 0.3644
TP: 0.3673 / 0.3858
Market Evidence:
• Whale support detected at key entry levels.
• Negative funding indicates potential for a short squeeze.
• Active ignition and reentry signals present.
Risk:
• Long-heavy positioning (L/S 1.59) creates significant liquidation risk if support fails.
Watch:
Monitor for a breach of 0.3644; a breakdown invalidates the setup.
I'll update this setup if market conditions evolve.
#ONDO #ONDOUSDT #CryptoTrading
