📢 $ONDO / $USDT | 🔴 SHORT | ⭐ 75.1%
🎯 Target: $0.3255. Is it still falling?
🎯 Trading levels:
🟢 Entry: $0.3315
🛑 Stop Loss: $0.3351
🏁 TP1: $0.3255
🏁 TP2: $0.3243
🏁 TP3: $0.3219
📉 Analysis:
The asset $ONDO shows a bearish alignment across all timeframes (multi-timeframe), confirmed by a bearish MACD crossover (an indicator that measures trend strength and direction) and a confirmed triple-top structure. Volume has recorded a peak of 3.1x versus the average, while the RSI at 41.14 (an indicator that shows overbought/oversold conditions) and the position of the 20/50 EMAs confirm that selling pressure is predominant.
⚖️ Risk/Reward: 1:1.67
⏱️ Timeframe: 1h
📐 Technical Confidence: 4/5
The bearish thesis is invalidated if the price breaks above our stop-loss zone over the immediate resistance. We will monitor volume behavior when testing the technical support at $0.32664 to assess whether the downward momentum continues.
Do you think the current volume is enough to break the main support?
💡 This analysis is educational and not financial advice. Do your own research and decide calmly.
#crypto #ONDO #trading #Futures #Bearish
🎯 Target: $0.3255. Is it still falling?
🎯 Trading levels:
🟢 Entry: $0.3315
🛑 Stop Loss: $0.3351
🏁 TP1: $0.3255
🏁 TP2: $0.3243
🏁 TP3: $0.3219
📉 Analysis:
The asset $ONDO shows a bearish alignment across all timeframes (multi-timeframe), confirmed by a bearish MACD crossover (an indicator that measures trend strength and direction) and a confirmed triple-top structure. Volume has recorded a peak of 3.1x versus the average, while the RSI at 41.14 (an indicator that shows overbought/oversold conditions) and the position of the 20/50 EMAs confirm that selling pressure is predominant.
⚖️ Risk/Reward: 1:1.67
⏱️ Timeframe: 1h
📐 Technical Confidence: 4/5
The bearish thesis is invalidated if the price breaks above our stop-loss zone over the immediate resistance. We will monitor volume behavior when testing the technical support at $0.32664 to assess whether the downward momentum continues.
Do you think the current volume is enough to break the main support?
💡 This analysis is educational and not financial advice. Do your own research and decide calmly.
#crypto #ONDO #trading #Futures #Bearish