The BTC strategy setup shared earlier played out exactly as expected, and we locked in these profits with confidence. This isn’t just a sure thing—it’s practically free money talking. $ONDO On the 4-hour chart, price is pinned below the moving-average cluster. The EMA50 and EMA200 are bearishly aligned, and rebound highs continue to move lower. Given this structure, I’m inclined to follow the trend and look for downside. Volume hasn’t signaled a reversal; every bounce looks weak, suggesting sellers are still in control.
The cluster of moving averages overhead forms a resistance zone, where a move back toward it could give bears a chance to regain momentum. If there’s room to move lower, the previous low is the first area to watch; a break below it could open the door to a deeper decline. I won’t chase the short—I’ll wait for a rebound to the resistance zone before considering an entry, with a clear risk boundary.
🔴 Trade direction: Short
📍 Entry range: 0.3386755 – 0.3398249
🛑 Stop loss: 0.3519400
🎯 Take profit 1: 0.3297328
🎯 Take profit 2: 0.3233879
🎯 Take profit 3: 0.3138705
Behold the vastness of mountains and seas; observe the market’s finer details.
Trade alongside Uncle Xiong and witness the market’s gains and losses.
#ONDO
Click below to trade 👇
The cluster of moving averages overhead forms a resistance zone, where a move back toward it could give bears a chance to regain momentum. If there’s room to move lower, the previous low is the first area to watch; a break below it could open the door to a deeper decline. I won’t chase the short—I’ll wait for a rebound to the resistance zone before considering an entry, with a clear risk boundary.
🔴 Trade direction: Short
📍 Entry range: 0.3386755 – 0.3398249
🛑 Stop loss: 0.3519400
🎯 Take profit 1: 0.3297328
🎯 Take profit 2: 0.3233879
🎯 Take profit 3: 0.3138705
Behold the vastness of mountains and seas; observe the market’s finer details.
Trade alongside Uncle Xiong and witness the market’s gains and losses.
#ONDO
Click below to trade 👇