The ONG structure that was mentioned earlier has now played out, and profits have already been successfully taken. This is not about giving a few points; it is the final word. $ONDO On the hourly chart, price is pinned near the upper edge of the range, with rebound volume weakening each time, and the inability of buyers to push higher is very obvious. Structurally, this is a typical topping consolidation, and 15-minute momentum has already reached an extreme oversold level, yet a decent rebound has still not appeared, which shows that selling pressure is proactive.
The daily chart is still range-bound, and shorting near the top of the range offers a much better risk-reward ratio than chasing longs. What I care about more is that every rally is quickly sold back down; in this rhythm, the bears are in control. That upper line is my line in the sand, and only if it is broken will I admit I am wrong.
🔴 Trading Direction: Short
📍 Entry Zone: 0.3429532 – 0.3434070
🛑 Stop Loss: 0.3486523
🎯 Take Profit 1: 0.3390759
🎯 Take Profit 2: 0.3363399
🎯 Take Profit 3: 0.3322357
No need to chase the trend; the trend will stay on its own.
Side by side with Sister Li, let every moment have an echo.
#ONDO
Click below to trade 👇
The daily chart is still range-bound, and shorting near the top of the range offers a much better risk-reward ratio than chasing longs. What I care about more is that every rally is quickly sold back down; in this rhythm, the bears are in control. That upper line is my line in the sand, and only if it is broken will I admit I am wrong.
🔴 Trading Direction: Short
📍 Entry Zone: 0.3429532 – 0.3434070
🛑 Stop Loss: 0.3486523
🎯 Take Profit 1: 0.3390759
🎯 Take Profit 2: 0.3363399
🎯 Take Profit 3: 0.3322357
No need to chase the trend; the trend will stay on its own.
Side by side with Sister Li, let every moment have an echo.
#ONDO
Click below to trade 👇