The window is opening, and a bearish signal has arrived too. I’m keeping a close eye on this rebound in $ONDO . Take a look at the four-hour chart: the price has been holding below EMA50 and EMA200, with the trend clearly tilted to the downside. The one-hour chart isn’t giving the bulls much confidence either. When the price rebounds from here but volume fails to follow, we need to stay cautious—any push higher looks more like an opportunity for bears to step in.
My plan is to wait for a rebound toward the moving-average resistance before considering a short. Chasing longs doesn’t offer much value. Market fluctuations are normal, but until the structure changes, don’t switch direction too hastily.
🔴 Trade direction: Short
📍 Entry range: 0.3276437 – 0.3286839
🛑 Stop loss: 0.3401109
🎯 Take profit 1: 0.3192035
🎯 Take profit 2: 0.3132299
🎯 Take profit 3: 0.3042696
There’s no need to chase the wind; it will settle in on its own.
Stand alongside Sister Li, and let every moment resonate.
#ONDO
Click below to trade 👇
My plan is to wait for a rebound toward the moving-average resistance before considering a short. Chasing longs doesn’t offer much value. Market fluctuations are normal, but until the structure changes, don’t switch direction too hastily.
🔴 Trade direction: Short
📍 Entry range: 0.3276437 – 0.3286839
🛑 Stop loss: 0.3401109
🎯 Take profit 1: 0.3192035
🎯 Take profit 2: 0.3132299
🎯 Take profit 3: 0.3042696
There’s no need to chase the wind; it will settle in on its own.
Stand alongside Sister Li, and let every moment resonate.
#ONDO
Click below to trade 👇