🔴 $ONDO /USDT · Bias: SHORT
ONDO price sits below both EMAs on the 4h, so the swing trend points down.
Entry: 0.3470607 – 0.3483393
TP1: 0.3394437 (-2.4%)
TP2: 0.3339395 (-4.0%)
TP3: 0.3256832 (-6.3%)
SL: 0.3587084 (+3.2%)
Why: The 4h trend shows price below EMA50 and EMA200 in a bearish stack, meaning the swing trend is down and sellers are in control.
Plan: close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Where do you see ONDO heading from here?
ONDO price sits below both EMAs on the 4h, so the swing trend points down.
Entry: 0.3470607 – 0.3483393
TP1: 0.3394437 (-2.4%)
TP2: 0.3339395 (-4.0%)
TP3: 0.3256832 (-6.3%)
SL: 0.3587084 (+3.2%)
Why: The 4h trend shows price below EMA50 and EMA200 in a bearish stack, meaning the swing trend is down and sellers are in control.
Plan: close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Where do you see ONDO heading from here?
