🔷 Crypto Setup #6: $ONDO at a crossroads — $0.3966 or $0.423
Price ~$0.408. 1D is bearish: below MA(7) and MA(25), RSI(6) 31.7. On 4H, there was a bounce from $0.3966, but no reversal. Selling pressure (CVD) is trending down. It’s closely correlated with $BTC , while BTC is weak.
Personally, I’m staying out of the middle of the range.
📉 Short: 1H close below $0.3966 and a retest from below. Entry $0.396, stop $0.405. TP $0.388 (0.9R), $0.380 (1.8R).
📈 Long: 1H close above $0.423 and a retest from above. Entry $0.423, stop $0.412. TP $0.440 (1.55R), $0.455 (2.9R).
Macro: Fed on October 28, 21:00 Moscow time. PCE on October 29.
Not financial advice. Leveraged trading is high risk.
Are you entering the setup or waiting for confirmation? 👇
#CryptoRay #ONDO
Price ~$0.408. 1D is bearish: below MA(7) and MA(25), RSI(6) 31.7. On 4H, there was a bounce from $0.3966, but no reversal. Selling pressure (CVD) is trending down. It’s closely correlated with $BTC , while BTC is weak.
Personally, I’m staying out of the middle of the range.
📉 Short: 1H close below $0.3966 and a retest from below. Entry $0.396, stop $0.405. TP $0.388 (0.9R), $0.380 (1.8R).
📈 Long: 1H close above $0.423 and a retest from above. Entry $0.423, stop $0.412. TP $0.440 (1.55R), $0.455 (2.9R).
Macro: Fed on October 28, 21:00 Moscow time. PCE on October 29.
Not financial advice. Leveraged trading is high risk.
Are you entering the setup or waiting for confirmation? 👇
#CryptoRay #ONDO
