$ONDO: Why RSI 45 by itself means nothing here
SHORT direction. RSI shows the position of momentum, ADX — its strength, but neither of them determines a safe execution price.
Now: 15M +0.29%, 45M +0.75%. Volume of the last closed 15M candle x1.68 versus the 20-candle median. RSI 45.5, ADX 21.6.
Practical takeaway: indicators filter the direction, and the entry only triggers price staying below 0.3728 and a reaction from sellers.
I separate a good setup from good execution: they are not the same.
Key level: 0.3728 USDT
SHORT is confirmed by a reaction at the level. First target: 0.374558. Invalidation: 0.379838.
Invalidation: Holding below the stop level cancels the idea; no averaging.
What confirmation is mandatory for you here?
#Short
SHORT direction. RSI shows the position of momentum, ADX — its strength, but neither of them determines a safe execution price.
Now: 15M +0.29%, 45M +0.75%. Volume of the last closed 15M candle x1.68 versus the 20-candle median. RSI 45.5, ADX 21.6.
Practical takeaway: indicators filter the direction, and the entry only triggers price staying below 0.3728 and a reaction from sellers.
I separate a good setup from good execution: they are not the same.
Key level: 0.3728 USDT
SHORT is confirmed by a reaction at the level. First target: 0.374558. Invalidation: 0.379838.
Invalidation: Holding below the stop level cancels the idea; no averaging.
What confirmation is mandatory for you here?
#Short