ONDO daily trend is up, but 1h sellers are stacking.
đŽ SHORT $ONDO /USDT: expecting price to go DOWN
Bias: SHORT · Leaning
Entry: 0.4639499 â 0.4660501
TP1: 0.4446364 (-4.4%)
TP2: 0.4310607 (-7.3%)
TP3: 0.4106972 (-11.7%)
SL: 0.4921514 (+5.8%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Caution: counter-trend idea backed by 7 signals only. Smaller size, hard stop.
Why SHORT? Leaning call, 7/12 signals agree, 2 against, 3 undecided.
âą 1h trend: price < EMA50 < EMA200, bearish stack â the short-term trend is down
âą Trend strength (ADX/DI, 15m): ADX 43.9 with sellers in control (DI+ 9.8 vs DIâ 42.1) â sellers are driving the move
âą BTC backdrop: BTC trend is bearish and correlation is 0.75 â BTC is falling and this coin tends to follow
Risk: Daily trend: price > EMA50 > EMA200, bullish stack â the big-picture trend is up
In plain words:
Short ONDO here as a counter-trend bet, meaning we fade the daily bullish trend. The 1h bearish stack and 1h RSI near 25 show sellers pressing. At the same time the daily trend is bullish and price is overextended, so conviction is moderate and size should be small.
What is your 1h bias on ONDO, do you agree or expect a bounce from here?
Levels mapped on the chart below.
đČ Want more of my latest signals? Join me here:
https://app.binance.com/uni-qr/D26WbL9t
â ïž Personal market analysis only. NFA â manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.
đŽ SHORT $ONDO /USDT: expecting price to go DOWN
Bias: SHORT · Leaning
Entry: 0.4639499 â 0.4660501
TP1: 0.4446364 (-4.4%)
TP2: 0.4310607 (-7.3%)
TP3: 0.4106972 (-11.7%)
SL: 0.4921514 (+5.8%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Caution: counter-trend idea backed by 7 signals only. Smaller size, hard stop.
Why SHORT? Leaning call, 7/12 signals agree, 2 against, 3 undecided.
âą 1h trend: price < EMA50 < EMA200, bearish stack â the short-term trend is down
âą Trend strength (ADX/DI, 15m): ADX 43.9 with sellers in control (DI+ 9.8 vs DIâ 42.1) â sellers are driving the move
âą BTC backdrop: BTC trend is bearish and correlation is 0.75 â BTC is falling and this coin tends to follow
Risk: Daily trend: price > EMA50 > EMA200, bullish stack â the big-picture trend is up
In plain words:
Short ONDO here as a counter-trend bet, meaning we fade the daily bullish trend. The 1h bearish stack and 1h RSI near 25 show sellers pressing. At the same time the daily trend is bullish and price is overextended, so conviction is moderate and size should be small.
What is your 1h bias on ONDO, do you agree or expect a bounce from here?
Levels mapped on the chart below.
đČ Want more of my latest signals? Join me here:
https://app.binance.com/uni-qr/D26WbL9t
â ïž Personal market analysis only. NFA â manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.
