ONDO is rolling over for a short as BTC drags it down.
🔴 SHORT $ONDO /USDT: expecting price to go DOWN
Bias: SHORT · Strong
Entry: 0.3855041 – 0.3868959
TP1: 0.3740330 (-3.2%)
TP2: 0.3659216 (-5.3%)
TP3: 0.3537546 (-8.4%)
SL: 0.4024227 (+4.2%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Why SHORT? ONDO checklist: 7/12 agree, 0 against.
• 4h trend down (below EMA50 & EMA200)
• 1h trend down (below EMA50 & EMA200)
• Sellers are driving the move (15m ADX 29.7)
Watch: The idea is wrong if price reaches the stop at 0.4024227
Bottom line: The 4h trend is bearish and BTC is falling, which means the setup has the stronger trend behind it, but the daily trend is a mixed range so the bigger picture is not clear.
Where would you place your short on ONDO?
🔴 SHORT $ONDO /USDT: expecting price to go DOWN
Bias: SHORT · Strong
Entry: 0.3855041 – 0.3868959
TP1: 0.3740330 (-3.2%)
TP2: 0.3659216 (-5.3%)
TP3: 0.3537546 (-8.4%)
SL: 0.4024227 (+4.2%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Why SHORT? ONDO checklist: 7/12 agree, 0 against.
• 4h trend down (below EMA50 & EMA200)
• 1h trend down (below EMA50 & EMA200)
• Sellers are driving the move (15m ADX 29.7)
Watch: The idea is wrong if price reaches the stop at 0.4024227
Bottom line: The 4h trend is bearish and BTC is falling, which means the setup has the stronger trend behind it, but the daily trend is a mixed range so the bigger picture is not clear.
Where would you place your short on ONDO?
