Everyone watching the daily range is about to get blindsided by a sharp short move.
$ONDO /USDT - 🟡 SHORT · Conf 61%
Trade Plan:
Entry: 0.3523888 – 0.3532112
SL: 0.3613293
TP1: 0.3464031
TP2: 0.3421384
TP3: 0.3357415
Why this setup?
Why now? The 1h price is hugging 0.3528000 inside a tight range, and the 15m RSI sitting at 36.04 signals bearish momentum without being overbought, giving the short room to run. The 1h ATR of 0.003504 shows that a single hourly candle can cover meaningful ground, so a break below the entry zone of 0.3523888 to 0.3532112 could accelerate fast. Target 1 is 0.3464031, with a deeper run to TP2 at 0.3421384 if sellers keep pushing. The daily trend being range-bound means this short is a trend-following fade against consolidation, not a counter-trend reversal, so risk is contained as long as price stays below the invalidation level of 0.3598900.
Debate:
Are we testing TP2 at 0.3421384 or is the range about to trap the shorts?
Click here to view the chart 👇️
⚠️ Personal market analysis only. NFA — 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.
$ONDO /USDT - 🟡 SHORT · Conf 61%
Trade Plan:
Entry: 0.3523888 – 0.3532112
SL: 0.3613293
TP1: 0.3464031
TP2: 0.3421384
TP3: 0.3357415
Why this setup?
Why now? The 1h price is hugging 0.3528000 inside a tight range, and the 15m RSI sitting at 36.04 signals bearish momentum without being overbought, giving the short room to run. The 1h ATR of 0.003504 shows that a single hourly candle can cover meaningful ground, so a break below the entry zone of 0.3523888 to 0.3532112 could accelerate fast. Target 1 is 0.3464031, with a deeper run to TP2 at 0.3421384 if sellers keep pushing. The daily trend being range-bound means this short is a trend-following fade against consolidation, not a counter-trend reversal, so risk is contained as long as price stays below the invalidation level of 0.3598900.
Debate:
Are we testing TP2 at 0.3421384 or is the range about to trap the shorts?
Click here to view the chart 👇️
⚠️ Personal market analysis only. NFA — 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.
