The BNB strategy I shared earlier already took profit last round. The undercurrents are now coming to the surface, and with this rebound at $ONDO , I’m actually more wary of the possibility of a reversal. Take a look at the one-hour chart: the price has remained below the two key moving averages, and the trend direction hasn’t changed. The brief oversold reading on the 15-minute chart just means the drop was too fast and needs a breather—it doesn’t mean a turnaround is coming. Sellers are still in control. When Bitcoin weakens, this follows suit, so the correlation is quite clear.
At this point, an upward push is likely just a bull trap. Until the structure recovers, we should keep leaning in the bearish direction. The main risk to watch for is a sudden surge, but as long as the key level holds, the pullback should continue.
🔴 Trade direction: Short
📍 Entry range: 0.4416586 – 0.4426845
🛑 Stop loss: 0.4528849
🎯 Take profit 1: 0.4341365
🎯 Take profit 2: 0.4287799
🎯 Take profit 3: 0.4207449
There’s no need to chase the trend; it will come to you in time.
Stand by Sister Li, and let every moment leave an echo.
#ONDO
Click below to trade 👇
At this point, an upward push is likely just a bull trap. Until the structure recovers, we should keep leaning in the bearish direction. The main risk to watch for is a sudden surge, but as long as the key level holds, the pullback should continue.
🔴 Trade direction: Short
📍 Entry range: 0.4416586 – 0.4426845
🛑 Stop loss: 0.4528849
🎯 Take profit 1: 0.4341365
🎯 Take profit 2: 0.4287799
🎯 Take profit 3: 0.4207449
There’s no need to chase the trend; it will come to you in time.
Stand by Sister Li, and let every moment leave an echo.
#ONDO
Click below to trade 👇