$ONDO #ONDO 📉
Direction: SHORT
Entry zone: 0.364391 to 0.365851
Stop loss: 0.370598
Target 1: 0.357819
Target 2: 0.352342
Ondo is trading near 0.365788 dollars, down 3.15 percent in 24 hours, inside a range of 0.364753 to 0.379372 dollars, and the recent closes show a flat drift at the lows, 0.368408, then 0.366149, then 0.365771, then 0.366131, then 0.365121. 🔴 My reading is that ONDO is weak while Bitcoin chops under 77,900 dollars, because it gave back the whole push toward 0.379372 and buyers have not defended the middle of the range, with 77.8 million dollars of volume and every close pinned near the range low. A short from the current zone, with a stop above 0.370598, targets 0.357819 first and then 0.352342 if sellers push through the range low. A rise above 0.370598 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Ondo fall to 0.357819 first, or rise above 0.370598? 🤔
Follow for more trades.
#Ondo #Crypto #FuturesTrading #TradingSignals
Direction: SHORT
Entry zone: 0.364391 to 0.365851
Stop loss: 0.370598
Target 1: 0.357819
Target 2: 0.352342
Ondo is trading near 0.365788 dollars, down 3.15 percent in 24 hours, inside a range of 0.364753 to 0.379372 dollars, and the recent closes show a flat drift at the lows, 0.368408, then 0.366149, then 0.365771, then 0.366131, then 0.365121. 🔴 My reading is that ONDO is weak while Bitcoin chops under 77,900 dollars, because it gave back the whole push toward 0.379372 and buyers have not defended the middle of the range, with 77.8 million dollars of volume and every close pinned near the range low. A short from the current zone, with a stop above 0.370598, targets 0.357819 first and then 0.352342 if sellers push through the range low. A rise above 0.370598 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Ondo fall to 0.357819 first, or rise above 0.370598? 🤔
Follow for more trades.
#Ondo #Crypto #FuturesTrading #TradingSignals
