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$ONDO/USDT Short Setup
$ONDO
While market sentiment appears tilted toward longs, the 4H chart suggests potential downside risk and a possible short opportunity.
Trade Plan
Entry Zone: 0.3686374 – 0.3695626
Stop-Loss: 0.3786507
Take-Profit Targets:
TP1: 0.3619370
TP2: 0.3571617
TP3: 0.3499987
Setup Rationale
The 4H structure indicates weakening bullish momentum, suggesting that upside continuation may be losing strength. If price reacts within the entry zone and confirms rejection, this could support a move toward the listed downside targets. As always, risk management and confirmation remain essential.#ONDO #bearishmomentum
$ONDO/USDT Short Setup
$ONDO
While market sentiment appears tilted toward longs, the 4H chart suggests potential downside risk and a possible short opportunity.
Trade Plan
Entry Zone: 0.3686374 – 0.3695626
Stop-Loss: 0.3786507
Take-Profit Targets:
TP1: 0.3619370
TP2: 0.3571617
TP3: 0.3499987
Setup Rationale
The 4H structure indicates weakening bullish momentum, suggesting that upside continuation may be losing strength. If price reacts within the entry zone and confirms rejection, this could support a move toward the listed downside targets. As always, risk management and confirmation remain essential.#ONDO #bearishmomentum