$ONDO short: 0.332 is the line sellers need to hold on the 4H 👀
Price sits at 0.331, below the EMA50. I'm watching whether sellers lean on 0.332 or let it reclaim. A close above 0.340 and the idea's done.
SHORT 0.3304–0.3319
TP 0.3259 / 0.3225 / 0.3172
SL 0.3399
On the chart:
- 4H price 0.331 sits below the EMA50 at 0.362, so structure is with the sellers
- Daily is below the EMA200 at 0.374, the daily backs it
- Stop 2.6% away, TP3 4.2% away, about 1.6R if the full move plays out
Does 0.332 hold, or does it get reclaimed?
Not advice. Your risk.
Price sits at 0.331, below the EMA50. I'm watching whether sellers lean on 0.332 or let it reclaim. A close above 0.340 and the idea's done.
SHORT 0.3304–0.3319
TP 0.3259 / 0.3225 / 0.3172
SL 0.3399
On the chart:
- 4H price 0.331 sits below the EMA50 at 0.362, so structure is with the sellers
- Daily is below the EMA200 at 0.374, the daily backs it
- Stop 2.6% away, TP3 4.2% away, about 1.6R if the full move plays out
Does 0.332 hold, or does it get reclaimed?
Not advice. Your risk.
