Everyone is sleeping on ONDO while the 1h RSI screams oversold.
$ONDO /USDT - 🟢 SHORT · Conf 80%
Trade Plan:
Entry: 0.3428590 – 0.3445410
SL: 0.3610666
TP1: 0.3306750
TP2: 0.3219917
TP3: 0.3089667
Why this setup?
Why now? The daily trend is range-bound, which often compresses before a sharp move, and the 1h RSI at 20.05 shows extreme exhaustion on the short side. The 1h ATR of 0.004824 tells us volatility is still elevated enough to fuel a leg down once the entry zone between 0.3428590 and 0.3445410 is respected. With the 1h price at 0.3437000, we target TP1 at 0.3306750 and TP2 at 0.3219917, while the invalidation level at 0.3710050 is the hard line that proves the setup wrong.
Debate:
Are we cleanly hitting TP2 or is this a trap for short sellers?
Click here to view the chart 👇️
$ONDO
$ONDO /USDT - 🟢 SHORT · Conf 80%
Trade Plan:
Entry: 0.3428590 – 0.3445410
SL: 0.3610666
TP1: 0.3306750
TP2: 0.3219917
TP3: 0.3089667
Why this setup?
Why now? The daily trend is range-bound, which often compresses before a sharp move, and the 1h RSI at 20.05 shows extreme exhaustion on the short side. The 1h ATR of 0.004824 tells us volatility is still elevated enough to fuel a leg down once the entry zone between 0.3428590 and 0.3445410 is respected. With the 1h price at 0.3437000, we target TP1 at 0.3306750 and TP2 at 0.3219917, while the invalidation level at 0.3710050 is the hard line that proves the setup wrong.
Debate:
Are we cleanly hitting TP2 or is this a trap for short sellers?
Click here to view the chart 👇️
$ONDO
