$ONDO short setup: price at resistance 0.4701–0.4717 on the 4H 👀
Reject 0.472 → 0.462, then 0.456.
Reclaim 0.480 → the idea is off the table.
I'm watching for a rejection here from sellers. I'd rather not chase green candles.
Why it's on my radar:
- 4H price at 0.471 below EMA50 0.493, trend structure favors sellers
- 1H RSI at 33: already oversold, not a drop to chase
- BTC short-term trend bearish, a tailwind for this idea
🔴 SHORT · Entry 0.4701–0.4717 · TP 0.4653 / 0.4616 / 0.4560 · SL 0.4802
NFA · DYOR
Reject 0.472 → 0.462, then 0.456.
Reclaim 0.480 → the idea is off the table.
I'm watching for a rejection here from sellers. I'd rather not chase green candles.
Why it's on my radar:
- 4H price at 0.471 below EMA50 0.493, trend structure favors sellers
- 1H RSI at 33: already oversold, not a drop to chase
- BTC short-term trend bearish, a tailwind for this idea
🔴 SHORT · Entry 0.4701–0.4717 · TP 0.4653 / 0.4616 / 0.4560 · SL 0.4802
NFA · DYOR
