$ONDO - 1h Trade Setup - WAIT, longs piling into the top
Verdict: WAIT. Price 0.4121 is under the box top after a 0.3758 to 0.4205 run, daily trend is still down from 0.61, and BTC is mid range after its drop, so no chase here
The box (last 20 closed 1h bars):
HIGH 0.4205 (1 touch, 15:00Z spike)
MID 0.3982 (21EMA 0.3993 just above mid)
LOW 0.3758 (1 touch, 03:00Z flush)
Range-MSB state: WAIT, no sweep above 0.4205 yet, so no reclaim, no MSB, no retest. Setup picked: Auction-fade.
The plan (trigger only):
Entry 0.4205 (fade at box top only after a 15m close back below 0.4205, start 1/3, add on acceptance below 0.3982)
Stop 0.4317 (above the 4h high, give it buffer)
TP1 0.3982 (take 50%, net R 1.78)
TP2 0.3758 (take rest, net R 3.64)
Alt 0.3780 bottom fade long only if 1h closes back above 0.3824, stop 0.3670, TP1 0.3982 net R 1.66, TP2 0.4205 net R 3.55
Invalidation: 1h close above 0.4317 kills the short, daily close above 0.4358 flips bias, BTC daily close above 85000 pauses fade shorts
OI 107.9M up 7 percent over 5 days with price, top trader long short 2.47, funding pinned at the floor with no crowding signal, BTC 80312 mid range #write2earn
Reply with your coin you want analysis on.
Verdict: WAIT. Price 0.4121 is under the box top after a 0.3758 to 0.4205 run, daily trend is still down from 0.61, and BTC is mid range after its drop, so no chase here
The box (last 20 closed 1h bars):
HIGH 0.4205 (1 touch, 15:00Z spike)
MID 0.3982 (21EMA 0.3993 just above mid)
LOW 0.3758 (1 touch, 03:00Z flush)
Range-MSB state: WAIT, no sweep above 0.4205 yet, so no reclaim, no MSB, no retest. Setup picked: Auction-fade.
The plan (trigger only):
Entry 0.4205 (fade at box top only after a 15m close back below 0.4205, start 1/3, add on acceptance below 0.3982)
Stop 0.4317 (above the 4h high, give it buffer)
TP1 0.3982 (take 50%, net R 1.78)
TP2 0.3758 (take rest, net R 3.64)
Alt 0.3780 bottom fade long only if 1h closes back above 0.3824, stop 0.3670, TP1 0.3982 net R 1.66, TP2 0.4205 net R 3.55
Invalidation: 1h close above 0.4317 kills the short, daily close above 0.4358 flips bias, BTC daily close above 85000 pauses fade shorts
OI 107.9M up 7 percent over 5 days with price, top trader long short 2.47, funding pinned at the floor with no crowding signal, BTC 80312 mid range #write2earn
Reply with your coin you want analysis on.
