The BTC strategy I shared earlier has already taken profit in the previous round. Real moves often hide in the aftermath of confirmation. Looking at this rebound at $ONDO , it has consistently failed to break above the moving-average resistance on the four-hour chart. Both the EMA50 and EMA200 are overhead, and the bearish structure is pretty clear. Take a look at the recent rebounds: each high has been lower than the last, and volume hasn’t picked up either. It’s hard for me to be bullish on this kind of price action.
My plan is to wait for the price to rebound toward the moving averages before considering a short. That’s a more favorable area for sellers. First, let’s see whether the previous low holds; if it doesn’t, there may be more room to fall. A rebound is possible, but as long as the price doesn’t establish itself above the resistance zone, the bearish case remains intact.
🔴 Trade direction: Short
📍 Entry range: 0.3386323 – 0.3397816
🛑 Stop loss: 0.3518952
🎯 Take profit 1: 0.3296908
🎯 Take profit 2: 0.3233467
🎯 Take profit 3: 0.3138305
There’s no need to chase the prevailing trend; it will come to you.
Stand alongside Sister Li, and let every moment resonate.
#ONDO
Click below to trade 👇
My plan is to wait for the price to rebound toward the moving averages before considering a short. That’s a more favorable area for sellers. First, let’s see whether the previous low holds; if it doesn’t, there may be more room to fall. A rebound is possible, but as long as the price doesn’t establish itself above the resistance zone, the bearish case remains intact.
🔴 Trade direction: Short
📍 Entry range: 0.3386323 – 0.3397816
🛑 Stop loss: 0.3518952
🎯 Take profit 1: 0.3296908
🎯 Take profit 2: 0.3233467
🎯 Take profit 3: 0.3138305
There’s no need to chase the prevailing trend; it will come to you.
Stand alongside Sister Li, and let every moment resonate.
#ONDO
Click below to trade 👇