Guys $ONDO is setting up for a potential breakdown short here 📉
Entry: 0.4065 - 0.4078
🎯 TP1: 0.3990
🎯 TP2: 0.3910
Price is pressing directly into support with high relative volume while moving averages are stacked downward. Longs remain heavily crowded, which increases the likelihood of further downside pressure.
If support gives way completely, look for a swift drop toward lower structural levels.
Let's see how it handles this zone 👀
Entry: 0.4065 - 0.4078
🎯 TP1: 0.3990
🎯 TP2: 0.3910
Price is pressing directly into support with high relative volume while moving averages are stacked downward. Longs remain heavily crowded, which increases the likelihood of further downside pressure.
If support gives way completely, look for a swift drop toward lower structural levels.
Let's see how it handles this zone 👀
