Everyone is long $ONDO /USDT because the daily is bullish. That is exactly why I am watching this 4h breakdown.
$ONDO - 🟢 SHORT · Conf 85%
Trade Plan:
Entry: 0.3618314 – 0.3629686
SL: 0.3730363
TP1: 0.3544227
TP2: 0.3491046
TP3: 0.3411273
Why this setup?
Why now? The 1D trend is bullish, but the 4h structure is rolling over against it. Price is sitting at 0.3624 with a short-term RSI of 37.8 on the 15m, showing momentum is already weak on the low timeframe.
- The local setup favors SHORT, targeting a drop toward 0.3544 (TP1) and then 0.3491 (TP2).
- My confidence is high at 85%, but this is a trend trade within the 4h frame, not a fight against the daily.
- The invalidation is clear: if we reclaim 0.3730, the bearish thesis is dead.
- The risk is defined, but the reward is asymmetrical. We are playing the pullback in a bull trend, not the reversal.
Debate:
If you are long on the daily, at what price do you admit the 4h correction is turning into something worse?
Click here to view the chart 👇️
⚠️ 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 - 🟢 SHORT · Conf 85%
Trade Plan:
Entry: 0.3618314 – 0.3629686
SL: 0.3730363
TP1: 0.3544227
TP2: 0.3491046
TP3: 0.3411273
Why this setup?
Why now? The 1D trend is bullish, but the 4h structure is rolling over against it. Price is sitting at 0.3624 with a short-term RSI of 37.8 on the 15m, showing momentum is already weak on the low timeframe.
- The local setup favors SHORT, targeting a drop toward 0.3544 (TP1) and then 0.3491 (TP2).
- My confidence is high at 85%, but this is a trend trade within the 4h frame, not a fight against the daily.
- The invalidation is clear: if we reclaim 0.3730, the bearish thesis is dead.
- The risk is defined, but the reward is asymmetrical. We are playing the pullback in a bull trend, not the reversal.
Debate:
If you are long on the daily, at what price do you admit the 4h correction is turning into something worse?
Click here to view the chart 👇️
⚠️ 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.
