Short $ONDO at 0.4044–0.4052 on the 4H.
Sellers need to defend this zone. I'd rather wait for a clean rejection than chase.
4H price at 0.405 below EMA50 at 0.413, sellers still in control. Stop is 1.2% away and TP3 is 1.8% away, around 1.6R. RSI 38 on the 1H, indicating it’s not stretched yet.
🔴 SHORT
Entry: 0.4044–0.4052
TP: 0.4020 / 0.4002 / 0.3974
SL: 0.4095
Will sellers show up here or break higher?
Plan, not advice.
Sellers need to defend this zone. I'd rather wait for a clean rejection than chase.
4H price at 0.405 below EMA50 at 0.413, sellers still in control. Stop is 1.2% away and TP3 is 1.8% away, around 1.6R. RSI 38 on the 1H, indicating it’s not stretched yet.
🔴 SHORT
Entry: 0.4044–0.4052
TP: 0.4020 / 0.4002 / 0.3974
SL: 0.4095
Will sellers show up here or break higher?
Plan, not advice.
