$ONDO Bearish, Market entry: 0.3245
TP1 below: 0.296463 (first take-profit)
TP2 below: 0.283847 (second take-profit)
DCA: 0.331439 (rebound add-position watch level)
SL: 0.338378 (stop-loss exit level)
ONDO is trending, but the hype hasn't translated into buying pressure — still bleeding over the last 24 hours. More long accounts, yet price isn't pushing higher; this crowded long side is prone to a stampede. The 4H resistance sits right above, so shorting at current levels works — downside only opens up once support breaks.
If it reclaims 0.338378, exit on the stop-loss immediately — don't stubbornly hold the short.
TP1 below: 0.296463 (first take-profit)
TP2 below: 0.283847 (second take-profit)
DCA: 0.331439 (rebound add-position watch level)
SL: 0.338378 (stop-loss exit level)
ONDO is trending, but the hype hasn't translated into buying pressure — still bleeding over the last 24 hours. More long accounts, yet price isn't pushing higher; this crowded long side is prone to a stampede. The 4H resistance sits right above, so shorting at current levels works — downside only opens up once support breaks.
If it reclaims 0.338378, exit on the stop-loss immediately — don't stubbornly hold the short.