$ONDO long: 0.327 is the line buyers need to hold on the 4H.
Price is 0.327, a bounce try under the EMA50 at 0.360. I want to see it hold 0.327 and close above, not chase it here.
- 4H price 0.327 is below the EMA50 at 0.360, so this is a bounce try and the stop matters
- 3.0% to the stop, 4.7% to TP3, about 1.6R to the last target
- RSI 34 on the 1H, reset, not stretched
LONG zone 0.3268–0.3280 | targets 0.3332, 0.3371, 0.3429 | stop 0.3177
Does 0.327 hold, or do we flush to 0.318?
NFA · DYOR
Price is 0.327, a bounce try under the EMA50 at 0.360. I want to see it hold 0.327 and close above, not chase it here.
- 4H price 0.327 is below the EMA50 at 0.360, so this is a bounce try and the stop matters
- 3.0% to the stop, 4.7% to TP3, about 1.6R to the last target
- RSI 34 on the 1H, reset, not stretched
LONG zone 0.3268–0.3280 | targets 0.3332, 0.3371, 0.3429 | stop 0.3177
Does 0.327 hold, or do we flush to 0.318?
NFA · DYOR
