$ONDO LOOKS READY FOR A COOL-DOWN ๐๐
๐ด SHORT SETUP
Entry Range: $0.5330 โ $0.5380
Stop Loss: $0.5507
TP1: $0.5100
TP2: $0.4850
TP3: $0.4638 ๐ฏ
ONDO just made a very aggressive move from around $0.43 into the $0.53 area, and now price is entering a zone where I expect sellers to start showing up.
From my point of view, this pump looks a little too excited ๐ . After such a fast vertical move, even a normal profit-taking wave could create a strong pullback.
Iโm watching the $0.533โ$0.538 area for a possible rejection. First target is around $0.510, then $0.485, while the main downside zone Iโm interested in sits near $0.4638.
As long as price stays below $0.5507, my short idea remains valid. If that level gets reclaimed strongly, Iโm outโno fighting the chart. ๐ก๏ธ
Big pumps look beautifulโฆ until everyone decides to take profit at the same time. ๐๐
$ZEC
$้พ่พ
๐ด SHORT SETUP
Entry Range: $0.5330 โ $0.5380
Stop Loss: $0.5507
TP1: $0.5100
TP2: $0.4850
TP3: $0.4638 ๐ฏ
ONDO just made a very aggressive move from around $0.43 into the $0.53 area, and now price is entering a zone where I expect sellers to start showing up.
From my point of view, this pump looks a little too excited ๐ . After such a fast vertical move, even a normal profit-taking wave could create a strong pullback.
Iโm watching the $0.533โ$0.538 area for a possible rejection. First target is around $0.510, then $0.485, while the main downside zone Iโm interested in sits near $0.4638.
As long as price stays below $0.5507, my short idea remains valid. If that level gets reclaimed strongly, Iโm outโno fighting the chart. ๐ก๏ธ
Big pumps look beautifulโฆ until everyone decides to take profit at the same time. ๐๐
$ZEC
$้พ่พ
