🔷 $ONDO : entries after the bounce: don’t chase the candle
📋 Technical picture:
• Price around 0.35: RSI 1h 75.7, 4h 74.3 — overheated, middle not an entry
• MACD 1d minus: the trend hasn’t flipped; this is a bounce
• CVD minus on both sides while price is rising: that’s a squeeze of shorts, not a spot buy
• Fuel: long cluster from below 0.325-0.347; short spikes from above 0.355-0.365 and 0.374-0.386
🧠 My take: the DTCC news pulled the price out of the base, but the read is clear: the move is driven by squeezeable shorts, not spot money — CVD is negative on both sides. These impulses usually give back about half and then continue. Hence the rule: no longs from here; wait for price to reach the fuel zone (0.336-0.347) or for a break of 0.3652 with a 1h close. A break above 0.3652 lights up the short spikes at 0.374 and 0.386 — the zone the whole market targets after the news. Loss of 0.323 invalidates the news-buyback: below that, only 0.314.
🎣 Entry points:
🟢 Long on the pullback: 0.336-0.347 → targets 0.365/0.374, stop 0.3225
🟢 Long on the breakout: 1h close above 0.3652 → targets 0.374/0.386, stop 0.3520
🔴 Short on the breakdown: 1h close below 0.3230 → target 0.314, stop 0.3310
⚠️ MACD 1d minus and CVD minus: longs are bounce trades; size is half.
❓ What entry first: the pullback, the breakout, or the breakdown? 👇
#ONDO
📋 Technical picture:
• Price around 0.35: RSI 1h 75.7, 4h 74.3 — overheated, middle not an entry
• MACD 1d minus: the trend hasn’t flipped; this is a bounce
• CVD minus on both sides while price is rising: that’s a squeeze of shorts, not a spot buy
• Fuel: long cluster from below 0.325-0.347; short spikes from above 0.355-0.365 and 0.374-0.386
🧠 My take: the DTCC news pulled the price out of the base, but the read is clear: the move is driven by squeezeable shorts, not spot money — CVD is negative on both sides. These impulses usually give back about half and then continue. Hence the rule: no longs from here; wait for price to reach the fuel zone (0.336-0.347) or for a break of 0.3652 with a 1h close. A break above 0.3652 lights up the short spikes at 0.374 and 0.386 — the zone the whole market targets after the news. Loss of 0.323 invalidates the news-buyback: below that, only 0.314.
🎣 Entry points:
🟢 Long on the pullback: 0.336-0.347 → targets 0.365/0.374, stop 0.3225
🟢 Long on the breakout: 1h close above 0.3652 → targets 0.374/0.386, stop 0.3520
🔴 Short on the breakdown: 1h close below 0.3230 → target 0.314, stop 0.3310
⚠️ MACD 1d minus and CVD minus: longs are bounce trades; size is half.
❓ What entry first: the pullback, the breakout, or the breakdown? 👇
#ONDO
