ONDO is caught in a tightening range as the market eyes a potential swing to the downside. Volume is drying up on the upside, leaving the token vulnerable to a breakout.
━━━━━━━━━━━━━━━━━━━━━
🔴 $ONDO SHORT 📉
━━━━━━━━━━━━━━━━━━━━━
📍 Entry Range: $0.422477 – $0.423323
🛑 Stop Loss: $0.435587 (-3.0%)
🎯 TP1: $0.416556 (+1.5%)
🏆 TP2: $0.401755 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 64%
━━━━━━━━━━━━━━━━━━━━━
The recent CHoCH on the 1-hour chart snapped the bullish swing, and the CVD turned negative, confirming the shift. A fair value gap sits right above the break, overlapping an order block, creating a POI that lines up with the OB-FVG confluence. With the structure now in a lower high, the short bias feels concrete.
A 3.0% stop is relatively tight on this volatility, so keep leverage at or below 5×.
Consider taking half profit once price hits the first target around 1.7% gain.
As always: manage your risk, this is not financial advice 🙏
$ONDO #ONDOUSDT #SMC #TradingSignals #Write2Earn
━━━━━━━━━━━━━━━━━━━━━
🔴 $ONDO SHORT 📉
━━━━━━━━━━━━━━━━━━━━━
📍 Entry Range: $0.422477 – $0.423323
🛑 Stop Loss: $0.435587 (-3.0%)
🎯 TP1: $0.416556 (+1.5%)
🏆 TP2: $0.401755 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 64%
━━━━━━━━━━━━━━━━━━━━━
The recent CHoCH on the 1-hour chart snapped the bullish swing, and the CVD turned negative, confirming the shift. A fair value gap sits right above the break, overlapping an order block, creating a POI that lines up with the OB-FVG confluence. With the structure now in a lower high, the short bias feels concrete.
A 3.0% stop is relatively tight on this volatility, so keep leverage at or below 5×.
Consider taking half profit once price hits the first target around 1.7% gain.
As always: manage your risk, this is not financial advice 🙏
$ONDO #ONDOUSDT #SMC #TradingSignals #Write2Earn