#SHORT
$ONDO keeps sliding while the 4h trend stays bearish.
🔴 SHORT $ONDO /USDT: expecting price to go DOWN
Bias: SHORT · Strong
Entry: 0.3927252 – 0.3936748
TP1: 0.3860281 (-1.8%)
TP2: 0.3812468 (-3.0%)
TP3: 0.3740749 (-4.9%)
SL: 0.4027625 (+2.4%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Why SHORT? What I checked: 7/12 agree, 0 against.
• 4h trend down (below EMA50 & EMA200)
• 1h trend down (below EMA50 & EMA200)
• BTC is falling, this coin follows (corr 0.81)
Watch: The idea is wrong if price reaches the stop at 0.4027625
Verdict: The 4h trend is bearish and the 1h trend is bearish, meaning short-term sellers are in control, but the daily trend is a range, so the bigger picture is not clearly bearish.
Would you enter here or wait for a lower level?
Full setup on the chart below.
$ONDO
$ONDO keeps sliding while the 4h trend stays bearish.
🔴 SHORT $ONDO /USDT: expecting price to go DOWN
Bias: SHORT · Strong
Entry: 0.3927252 – 0.3936748
TP1: 0.3860281 (-1.8%)
TP2: 0.3812468 (-3.0%)
TP3: 0.3740749 (-4.9%)
SL: 0.4027625 (+2.4%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Why SHORT? What I checked: 7/12 agree, 0 against.
• 4h trend down (below EMA50 & EMA200)
• 1h trend down (below EMA50 & EMA200)
• BTC is falling, this coin follows (corr 0.81)
Watch: The idea is wrong if price reaches the stop at 0.4027625
Verdict: The 4h trend is bearish and the 1h trend is bearish, meaning short-term sellers are in control, but the daily trend is a range, so the bigger picture is not clearly bearish.
Would you enter here or wait for a lower level?
Full setup on the chart below.
$ONDO
