$ONDO: High Volume Selling Sweep Breaks $ONDO Market Structure
SHORT SETUP ONDO
Entry: $0.47890 - $0.48130
Stop Loss: $0.50059
Take Profit: $0.43912 (2R)
Key Levels: Support $0.47200 | Resistance $0.49810
Technical Analysis for $ONDO: $ONDO fallback technical analysis: RSI is 35.3, showing weakening momentum without being deeply oversold, price is trading below the 21 EMA, supporting the bearish bias, MACD is below its signal line, confirming negative momentum, volume is contracting by 45.2%, and price is below the 50 EMA, keeping the short-term structure weak. Together, these signals support a conditional SHORT continuation setup.
Will resistance cap a bounce, or can buyers reclaim it? Follow for more data-led market setups.
SHORT $ONDO
SHORT SETUP ONDO
Entry: $0.47890 - $0.48130
Stop Loss: $0.50059
Take Profit: $0.43912 (2R)
Key Levels: Support $0.47200 | Resistance $0.49810
Technical Analysis for $ONDO: $ONDO fallback technical analysis: RSI is 35.3, showing weakening momentum without being deeply oversold, price is trading below the 21 EMA, supporting the bearish bias, MACD is below its signal line, confirming negative momentum, volume is contracting by 45.2%, and price is below the 50 EMA, keeping the short-term structure weak. Together, these signals support a conditional SHORT continuation setup.
Will resistance cap a bounce, or can buyers reclaim it? Follow for more data-led market setups.
SHORT $ONDO
