$ONDO #ONDO 📉
Direction: SHORT 📉
Entry zone: 0.40449 to 0.40611
Stop loss: 0.41138
Target 1: 0.39719
Target 2: 0.39111
Ondo is trading near 0.40530 dollars, down 2.30 percent in 24 hours, near its daily low of 0.40441 after a range high of 0.41566. My reading is that sellers are in control while buyers failed to hold the higher range. 📉 The recent closes slipped steadily, 0.4063, then 0.4059, then 0.4053, then 0.4053, which is a slow bleed lower, not a single panic candle. A short from the current zone, with a stop above 0.41138, targets 0.39719 first and then 0.39111 if selling continues. A recovery above 0.41138 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Ondo fall to 0.39719 first, or recover above 0.41138? 🤔
Follow for more trades.
#Ondo #Crypto #FuturesTrading #TradingSignals
Direction: SHORT 📉
Entry zone: 0.40449 to 0.40611
Stop loss: 0.41138
Target 1: 0.39719
Target 2: 0.39111
Ondo is trading near 0.40530 dollars, down 2.30 percent in 24 hours, near its daily low of 0.40441 after a range high of 0.41566. My reading is that sellers are in control while buyers failed to hold the higher range. 📉 The recent closes slipped steadily, 0.4063, then 0.4059, then 0.4053, then 0.4053, which is a slow bleed lower, not a single panic candle. A short from the current zone, with a stop above 0.41138, targets 0.39719 first and then 0.39111 if selling continues. A recovery above 0.41138 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Ondo fall to 0.39719 first, or recover above 0.41138? 🤔
Follow for more trades.
#Ondo #Crypto #FuturesTrading #TradingSignals
