Trade plan SHORT $ONDO 🔴
ONDO is showing weakness after rejecting the local resistance zone. Sellers are defending the highs, and if this rejection continues, a bearish move could accelerate.
Entry Range: $0.3805 - $0.3815
Stop Loss: $0.3849
Targets:🎯
TP1: $0.3775
TP2: $0.3745
TP3: $0.3715
Price is struggling to hold above the current support after a failed push higher. As long as $0.3849 remains unbroken, bears have the advantage and a move toward the lower support levels remains the higher-probability scenario.
Invalidation: A strong close above $0.3849 would weaken this bearish setup.
Trade here $ONDO 👇
ONDO is showing weakness after rejecting the local resistance zone. Sellers are defending the highs, and if this rejection continues, a bearish move could accelerate.
Entry Range: $0.3805 - $0.3815
Stop Loss: $0.3849
Targets:🎯
TP1: $0.3775
TP2: $0.3745
TP3: $0.3715
Price is struggling to hold above the current support after a failed push higher. As long as $0.3849 remains unbroken, bears have the advantage and a move toward the lower support levels remains the higher-probability scenario.
Invalidation: A strong close above $0.3849 would weaken this bearish setup.
Trade here $ONDO 👇