$ONDO: Bearish Continuation Pattern Confirmed on $ONDO Chart Structure
SHORT SETUP ONDO
Entry: $0.47400 - $0.47600
Stop Loss: $0.49300
Take Profit: $0.43900 (2R)
Key Levels: Support $0.45680 | Resistance $0.47670
Technical Analysis for $ONDO: Price sits below EMA9, EMA21 and EMA50, with MACD still negative and RSI near 30. Stochastic K is low, indicating oversold conditions but the downtrend remains strong. A break above the 0.4767 resistance would invalidate the short bias. Watch the 0.4568 support for a possible stop. This is a conditional technical scenario, not a verified trade or a promise of
Market Context: BTC is down 2.5% on the day and the broader market is broadly negative, adding pressure to risk assets.
SHORT $ONDO
SHORT SETUP ONDO
Entry: $0.47400 - $0.47600
Stop Loss: $0.49300
Take Profit: $0.43900 (2R)
Key Levels: Support $0.45680 | Resistance $0.47670
Technical Analysis for $ONDO: Price sits below EMA9, EMA21 and EMA50, with MACD still negative and RSI near 30. Stochastic K is low, indicating oversold conditions but the downtrend remains strong. A break above the 0.4767 resistance would invalidate the short bias. Watch the 0.4568 support for a possible stop. This is a conditional technical scenario, not a verified trade or a promise of
Market Context: BTC is down 2.5% on the day and the broader market is broadly negative, adding pressure to risk assets.
SHORT $ONDO
