🚨 $ONDO massive rejection at 0.60 indicates aggressive profit-taking and a potential shift in market structure.
· Short-term trend is heavily bearish. Price has currently halted its freefall around 0.51, attempting to find support, but the momentum remains downward.
🔴 $ONDO SHORT (Following strong bearish momentum)
· Condition: price retests resistance zone around 0.52 - 0.54 but fails to reclaim it
· Entry: 0.52 - 0.54 (
· SL: above 0.56
· TP:
· TP1: 0.50 (Recent local low).
· TP2: 0.48 (Next major psychological and structural support).
🟢 $ONDO Scenario LONG (Aggressive support bounce play)
· Condition: price successfully holds 0.50 - 0.51 support zone,
· Entry: 0.50 - 0.51
· SL: below 0.48
· TP:
· TP1: 0.54 (Previous broken support).
· TP2: 0.56 (Mid-range resistance).
Support me just Trade here👇
#ondo
· Short-term trend is heavily bearish. Price has currently halted its freefall around 0.51, attempting to find support, but the momentum remains downward.
🔴 $ONDO SHORT (Following strong bearish momentum)
· Condition: price retests resistance zone around 0.52 - 0.54 but fails to reclaim it
· Entry: 0.52 - 0.54 (
· SL: above 0.56
· TP:
· TP1: 0.50 (Recent local low).
· TP2: 0.48 (Next major psychological and structural support).
🟢 $ONDO Scenario LONG (Aggressive support bounce play)
· Condition: price successfully holds 0.50 - 0.51 support zone,
· Entry: 0.50 - 0.51
· SL: below 0.48
· TP:
· TP1: 0.54 (Previous broken support).
· TP2: 0.56 (Mid-range resistance).
Support me just Trade here👇
#ondo
