$ONDO #ONDO 📉
Direction: SHORT 📉
Entry zone: 0.3921 to 0.3936
Stop loss: 0.3987
Target 1: 0.385
Target 2: 0.3791
Ondo is trading near 0.3928 dollars, down 4.50 percent in 24 hours, inside a range of 0.3922 to 0.4111. My reading is that price is clinging to the range low after a hard day, because the recent closes drifted down without a fight, 0.3943, then 0.3936, then 0.3932, then 0.3928, which is steady selling into the low, not a capitulation that usually bounces. 📉 A short from the current zone, with a stop above 0.3987, targets 0.385 first and then 0.3791 if selling continues. A recovery above 0.3987 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 0.385 first, or recover above 0.3987? 🤔
Follow for more trades.
#Ondo #Crypto #FuturesTrading #TradingSignals
Direction: SHORT 📉
Entry zone: 0.3921 to 0.3936
Stop loss: 0.3987
Target 1: 0.385
Target 2: 0.3791
Ondo is trading near 0.3928 dollars, down 4.50 percent in 24 hours, inside a range of 0.3922 to 0.4111. My reading is that price is clinging to the range low after a hard day, because the recent closes drifted down without a fight, 0.3943, then 0.3936, then 0.3932, then 0.3928, which is steady selling into the low, not a capitulation that usually bounces. 📉 A short from the current zone, with a stop above 0.3987, targets 0.385 first and then 0.3791 if selling continues. A recovery above 0.3987 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 0.385 first, or recover above 0.3987? 🤔
Follow for more trades.
#Ondo #Crypto #FuturesTrading #TradingSignals
