$ONDO — Short Setup | Market Analysis
ONDOSDT has experienced a significant 8.865% decline over the past 24 hours, supported by substantial quote volume. This strong negative price action suggests persistent selling pressure. The setup targets a continuation of this established bearish momentum.
Market Context
24h Change: -8.87%
24h Volume: 13.6M USDT
Trade Plan
Entry: 0.3701
Stop Loss: 0.3812
TP1: 0.359
TP2: 0.3516
TP3: 0.3442
⚖️ Risk:Reward (TP1) 1:1.00
Confirmation Trigger: Price sustaining below recent highs, indicating bearish continuation.
Risk Note: Risk management is crucial. Use appropriate position sizing and be prepared to cut losses if the trade does not go as anticipated.
Protect your capital first, profits follow.
#ONDO #ondo
ONDOSDT has experienced a significant 8.865% decline over the past 24 hours, supported by substantial quote volume. This strong negative price action suggests persistent selling pressure. The setup targets a continuation of this established bearish momentum.
Market Context
24h Change: -8.87%
24h Volume: 13.6M USDT
Trade Plan
Entry: 0.3701
Stop Loss: 0.3812
TP1: 0.359
TP2: 0.3516
TP3: 0.3442
⚖️ Risk:Reward (TP1) 1:1.00
Confirmation Trigger: Price sustaining below recent highs, indicating bearish continuation.
Risk Note: Risk management is crucial. Use appropriate position sizing and be prepared to cut losses if the trade does not go as anticipated.
Protect your capital first, profits follow.
#ONDO #ondo