$ONDO SHORT — sellers in control, TP3 targets 0.3303 (-6.2%)
ONDO is trading below a bearish EMA stack on the 4h, so the swing trend is pointing lower and the move down likely continues.
Entry zone: 0.3518632 – 0.3527368
TP1: 0.3440661 (-2.3%)
TP2: 0.3385768 (-3.9%)
TP3: 0.3303429 (-6.2%)
Stop loss: 0.3632786 (+3.1%)
Why this short: the 4h trend is bearish with sellers in control, meaning the swing trend is down and likely continues lower.
Plan: close 50% at TP1, 25% at TP2 and 25% at TP3, and move the stop to entry once TP1 is hit.
Do you agree this short setup has more downside ahead?
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.
ONDO is trading below a bearish EMA stack on the 4h, so the swing trend is pointing lower and the move down likely continues.
Entry zone: 0.3518632 – 0.3527368
TP1: 0.3440661 (-2.3%)
TP2: 0.3385768 (-3.9%)
TP3: 0.3303429 (-6.2%)
Stop loss: 0.3632786 (+3.1%)
Why this short: the 4h trend is bearish with sellers in control, meaning the swing trend is down and likely continues lower.
Plan: close 50% at TP1, 25% at TP2 and 25% at TP3, and move the stop to entry once TP1 is hit.
Do you agree this short setup has more downside ahead?
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.
