Most traders are staring at $ONDO /USDT’s 0.372 range—but the real signal is the 79% short conviction hiding below the surface.
$ONDO - SHORT
Trade Plan:
Entry: 0.3718006 – 0.3725994
SL: 0.3813610
TP1: 0.3653293
TP2: 0.3607488
TP3: 0.3538781
Why this setup?
- The 4h timeframe shows a clear short edge (score 4.0 vs long -2.3), with price pinned at 0.3722 while RSI (15m) sits weak at 44.79.
- ATR (1h) is tight at 0.0038, meaning the breakout is compressed—but the range-bound 1D trend favors a rejection from this level.
- TP1 at 0.3653 is only ~1.8% away; TP2 at 0.3607 adds another 1.2%. The risk/reward is 1:2.5 with SL at 0.3813.
- Why now? The “Armed” status means the setup is live—waiting for a lower high confirmation or a volume spike to trigger the drop.
Debate:
Are you fading this 0.372 rejection into TP2, or is the range trap going to squeeze shorts first?
Click here to Trade 👇️
$ONDO - SHORT
Trade Plan:
Entry: 0.3718006 – 0.3725994
SL: 0.3813610
TP1: 0.3653293
TP2: 0.3607488
TP3: 0.3538781
Why this setup?
- The 4h timeframe shows a clear short edge (score 4.0 vs long -2.3), with price pinned at 0.3722 while RSI (15m) sits weak at 44.79.
- ATR (1h) is tight at 0.0038, meaning the breakout is compressed—but the range-bound 1D trend favors a rejection from this level.
- TP1 at 0.3653 is only ~1.8% away; TP2 at 0.3607 adds another 1.2%. The risk/reward is 1:2.5 with SL at 0.3813.
- Why now? The “Armed” status means the setup is live—waiting for a lower high confirmation or a volume spike to trigger the drop.
Debate:
Are you fading this 0.372 rejection into TP2, or is the range trap going to squeeze shorts first?
Click here to Trade 👇️