🔴 $ONDO 0.3689 USDT: Short
ONDO is showing strong bearish signals with RSI below 30, the EMA indicator crossing down, and the lower Bollinger Band being pierced. This suggests that ONDO’s short-term downtrend may continue. The RSI indicator also shows ONDO is in the oversold zone, but with a strong bearish trend, the price could keep falling before any correction.
ONDO may continue to drop in the short term if there are no strong reversal signals.
ONDO’s downtrend may face resistance at key price levels.
Short-term Futures Trading Plan:
Entry: 0.3695
TP1: 0.3650
SL: 0.3720
Guys—are you on the Long or Short side for this one?
ONDO is showing strong bearish signals with RSI below 30, the EMA indicator crossing down, and the lower Bollinger Band being pierced. This suggests that ONDO’s short-term downtrend may continue. The RSI indicator also shows ONDO is in the oversold zone, but with a strong bearish trend, the price could keep falling before any correction.
ONDO may continue to drop in the short term if there are no strong reversal signals.
ONDO’s downtrend may face resistance at key price levels.
Short-term Futures Trading Plan:
Entry: 0.3695
TP1: 0.3650
SL: 0.3720
Guys—are you on the Long or Short side for this one?
