Volatility has already emerged, and the $ONDO order-flow structure is starting to provide validation signals. On a four-hour timeframe, the price repeatedly probes the upper end of the range but has never managed to hold—while volume concurrently shrinks. This kind of rebound looks more like a bull-trap ahead of selling pressure rather than a trend reversal. There is dense resistance above; every push higher is quickly suppressed, indicating that sellers are still controlling the tempo. Structurally, the lows are gradually moving lower, and the moving averages are starting to curl over and exert downward pressure—each rebound is weaker than the last.
Given this formation, I’m more inclined to short in line with the trend rather than catch a falling knife. Once downward space opens up, the probability of a pullback to retest the previous low is not low. If a sharp surge happens in the short term, it may actually be a good opportunity to observe how shorts get absorbed.
🔴 Trade Direction: Sell Short
📍 Entry Range: 0.3482379 – 0.3489479
🛑 Stop Loss: 0.3568962
🎯 Take Profit 1: 0.3423654
🎯 Take Profit 2: 0.3382137
🎯 Take Profit 3: 0.3319862
Don’t chase the hype—momentum will linger on its own.
Side by side with Sister Li, so that every inch of time leaves an echo.
#ONDO
Click below to trade 👇
Given this formation, I’m more inclined to short in line with the trend rather than catch a falling knife. Once downward space opens up, the probability of a pullback to retest the previous low is not low. If a sharp surge happens in the short term, it may actually be a good opportunity to observe how shorts get absorbed.
🔴 Trade Direction: Sell Short
📍 Entry Range: 0.3482379 – 0.3489479
🛑 Stop Loss: 0.3568962
🎯 Take Profit 1: 0.3423654
🎯 Take Profit 2: 0.3382137
🎯 Take Profit 3: 0.3319862
Don’t chase the hype—momentum will linger on its own.
Side by side with Sister Li, so that every inch of time leaves an echo.
#ONDO
Click below to trade 👇