🔻 $ONDO SHORT SETUP 🔴
Sellers are stepping in — here's the setup. ⚡
ONDO has experienced a significant -8.466% price drop over the past 24 hours, accompanied by robust trading volume, indicating strong selling pressure. This breakdown suggests a loss of key support, with sellers dominating the market. We anticipate a continuation of this downtrend in the near term.
📊 24h: -8.47% | Vol: $12,815,193
Trade Plan
Entry: 0.426
Stop Loss: 0.439
TP1: 0.417
TP2: 0.409
TP3: 0.4
⚖️ Risk:Reward (TP1) — 1:0.69
Trigger:
Confirmation of sustained selling pressure below the current price, indicating further downside potential.
Risk Note:
This trade setup carries inherent risks due to market volatility. Ensure proper risk management, including position sizing and understanding the potential for rapid price movements. Capital preservation is paramount.
Which target are you eyeing first? 👇
#ONDO #ondo
Sellers are stepping in — here's the setup. ⚡
ONDO has experienced a significant -8.466% price drop over the past 24 hours, accompanied by robust trading volume, indicating strong selling pressure. This breakdown suggests a loss of key support, with sellers dominating the market. We anticipate a continuation of this downtrend in the near term.
📊 24h: -8.47% | Vol: $12,815,193
Trade Plan
Entry: 0.426
Stop Loss: 0.439
TP1: 0.417
TP2: 0.409
TP3: 0.4
⚖️ Risk:Reward (TP1) — 1:0.69
Trigger:
Confirmation of sustained selling pressure below the current price, indicating further downside potential.
Risk Note:
This trade setup carries inherent risks due to market volatility. Ensure proper risk management, including position sizing and understanding the potential for rapid price movements. Capital preservation is paramount.
Which target are you eyeing first? 👇
#ONDO #ondo