$ONDO - SHORT
Entry : 0.3451 – 0.3462
SL : 0.3608
TP1 : 0.3343
TP2 : 0.3268
TP3 : 0.3154
Why this setup?
The setup on $ONDO is not meant to catch a falling knife; it’s about following the path of least resistance.
- The RSI on 15m is at 37, which shows sellers are reloading without being exhausted.
- With a 1D range and a 4H trend regime, the current price of 0.3457 is a mid-point magnet, but the momentum is clearly bearish.
- The entry window 0.3451 – 0.3463 is tight, and the ATR at 0.0042 means we are not chasing volatility; we’re renting it.
- The target ladder is clear: TP1 at 0.3343, TP2 at 0.3268, and TP3 at 0.3154. The stop at 0.3608 is your safety, not your hope.
- This is a trend-following short: the direction is with the flow, but the lack of confirmations means you need to be early—or not be there at all.
- Don’t confuse the “Armed” status with a guarantee. The edge is thin (3.5), so precision matters more than aggressiveness.
Click here to trade 👇🏼
$ONDO
Entry : 0.3451 – 0.3462
SL : 0.3608
TP1 : 0.3343
TP2 : 0.3268
TP3 : 0.3154
Why this setup?
The setup on $ONDO is not meant to catch a falling knife; it’s about following the path of least resistance.
- The RSI on 15m is at 37, which shows sellers are reloading without being exhausted.
- With a 1D range and a 4H trend regime, the current price of 0.3457 is a mid-point magnet, but the momentum is clearly bearish.
- The entry window 0.3451 – 0.3463 is tight, and the ATR at 0.0042 means we are not chasing volatility; we’re renting it.
- The target ladder is clear: TP1 at 0.3343, TP2 at 0.3268, and TP3 at 0.3154. The stop at 0.3608 is your safety, not your hope.
- This is a trend-following short: the direction is with the flow, but the lack of confirmations means you need to be early—or not be there at all.
- Don’t confuse the “Armed” status with a guarantee. The edge is thin (3.5), so precision matters more than aggressiveness.
Click here to trade 👇🏼
$ONDO
