Short $ONDO : 0.4641–0.4656 is resistance sellers must defend.
If this level holds, sellers may push for 0.459. Breaks above 0.474 invalidates the idea and shifts the outlook.
The read:
- 4H price is 0.465 below EMA50 at 0.488, trend favors sellers.
- BTC short-term trend bearish, providing a tailwind for this setup.
- Risk 2.0% to SL vs 3.2% to TP3, about 1.6R if it plays out.
🔴 SHORT · Entry 0.4641–0.4656 · TP 0.4593 / 0.4556 / 0.4501 · SL 0.4740
Will sellers defend, or will it break higher?
NFA · DYOR
If this level holds, sellers may push for 0.459. Breaks above 0.474 invalidates the idea and shifts the outlook.
The read:
- 4H price is 0.465 below EMA50 at 0.488, trend favors sellers.
- BTC short-term trend bearish, providing a tailwind for this setup.
- Risk 2.0% to SL vs 3.2% to TP3, about 1.6R if it plays out.
🔴 SHORT · Entry 0.4641–0.4656 · TP 0.4593 / 0.4556 / 0.4501 · SL 0.4740
Will sellers defend, or will it break higher?
NFA · DYOR