⚡ $ONDO
— RESISTANCE TEST | REJECTION COULD EXTEND THE PULLBACK
#ONDO is recovering from the $0.53 support area, but the bounce is now running into a key $0.544–$0.550 resistance zone.
The latest candles show short-term buying pressure, but the broader 1H structure remains capped below the recent highs. If buyers fail to reclaim this resistance and sellers step back in, ONDO could see another intraday move toward the $0.532 support area.
📉 SHORT TRADE SETUP
Entry: $0.544 – $0.550
Take Profit: $0.532
Stop Loss: $0.562
Trade Plan: Watch for a clear rejection from the resistance zone before entering. Continued failure to break above $0.550 could strengthen the bearish setup, while a sustained move above the resistance would weaken the idea.
⚠️ Risk Management: Use proper position sizing, avoid excessive leverage, and always respect the stop loss.
Sell & Trade $ONDO
— RESISTANCE TEST | REJECTION COULD EXTEND THE PULLBACK
#ONDO is recovering from the $0.53 support area, but the bounce is now running into a key $0.544–$0.550 resistance zone.
The latest candles show short-term buying pressure, but the broader 1H structure remains capped below the recent highs. If buyers fail to reclaim this resistance and sellers step back in, ONDO could see another intraday move toward the $0.532 support area.
📉 SHORT TRADE SETUP
Entry: $0.544 – $0.550
Take Profit: $0.532
Stop Loss: $0.562
Trade Plan: Watch for a clear rejection from the resistance zone before entering. Continued failure to break above $0.550 could strengthen the bearish setup, while a sustained move above the resistance would weaken the idea.
⚠️ Risk Management: Use proper position sizing, avoid excessive leverage, and always respect the stop loss.
Sell & Trade $ONDO
