$ONDO - SHORT setup
Price is trading under both the short and medium moving averages, and sellers are still the more aggressive side in taker flow. That keeps my bias lower, though bitcoin's own weakness makes shorting alts a crowded, messy trade. I'd want a clearer signal before acting, and 0.49 is the level this view turns on.
Entry: 0.492 - 0.493
SL: 0.5
TP: 0.484 - 0.479 - 0.473
⚠️ Personal market insight, not investment advice. DYOR.
Price is trading under both the short and medium moving averages, and sellers are still the more aggressive side in taker flow. That keeps my bias lower, though bitcoin's own weakness makes shorting alts a crowded, messy trade. I'd want a clearer signal before acting, and 0.49 is the level this view turns on.
Entry: 0.492 - 0.493
SL: 0.5
TP: 0.484 - 0.479 - 0.473
⚠️ Personal market insight, not investment advice. DYOR.
