$ONDO is up 7.3 percent. Ask yourself who is selling it to you at this price
Chasing green candles feels safe until you look at the math
Price sits at 91 percent of the daily range right now
That means buyers are stepping in near the absolute high of the day
The 1 hour RSI reads 73 which tells you momentum is stretched thin
Volume is only 0.8x the weekly average so there is no real crowd driving this move
When you buy here you are taking shares from someone who bought down at the 0.37620 swing low
They are taking profit while you are taking the risk
Wait for the pullback or accept that you are the exit liquidity
Tap $ONDO and check the hourly chart yourself
What rule keeps you out of green candle traps
#ONDO #TradingTips
Chasing green candles feels safe until you look at the math
Price sits at 91 percent of the daily range right now
That means buyers are stepping in near the absolute high of the day
The 1 hour RSI reads 73 which tells you momentum is stretched thin
Volume is only 0.8x the weekly average so there is no real crowd driving this move
When you buy here you are taking shares from someone who bought down at the 0.37620 swing low
They are taking profit while you are taking the risk
Wait for the pullback or accept that you are the exit liquidity
Tap $ONDO and check the hourly chart yourself
What rule keeps you out of green candle traps
#ONDO #TradingTips