$ONDO short: price is parked at 0.394 on the 4H.
If 0.394 rejects: 0.388, then 0.384.
If price gets back above 0.400: idea's dead.
Sellers need a wick into 0.3933–0.3943 and a close back under. A close above 0.400 and I step back.
Entry 0.3933–0.3943 (short)
Targets 0.3903 → 0.3879 → 0.3843
Invalidation 0.3997
Why I care:
- 4H price 0.394 sits below the EMA50 at 0.411, sellers still have the trend
- 1.5% to the stop, 2.4% to TP3, that's 1.6R if TP3 gets there
- Short-term BTC is bearish, a tailwind for this idea
NFA · DYOR
If 0.394 rejects: 0.388, then 0.384.
If price gets back above 0.400: idea's dead.
Sellers need a wick into 0.3933–0.3943 and a close back under. A close above 0.400 and I step back.
Entry 0.3933–0.3943 (short)
Targets 0.3903 → 0.3879 → 0.3843
Invalidation 0.3997
Why I care:
- 4H price 0.394 sits below the EMA50 at 0.411, sellers still have the trend
- 1.5% to the stop, 2.4% to TP3, that's 1.6R if TP3 gets there
- Short-term BTC is bearish, a tailwind for this idea
NFA · DYOR
