ONDO/USDT 4H Short Setup: Rejection at Major Supply & Liquidity Sweep Anticipated 📉
Here is a structured technical breakdown and short setup for ONDO/USDT on the 4-hour timeframe, mapped out for an aggressive pullback into lower timeframe support.
📊 Trade Plan Overview
Asset/Pair: ONDO/USDT (Perpetual Contract)
Direction: Short / Sell
Current Price Action: Testing a key 4H resistance/supply zone around the $0.3748 – $0.3938 range.
📌 Key Levels & Execution Parameters
Entry Zone (Resistance / Supply): $0.3748 – $0.3938
Stop Loss (SL): Above the local liquidity zone / high at $0.4222
Take Profit (TP) / Target: Major lower demand / support level at $0.3009
🔍 Technical Rationale
Market Structure & Supply Reaction: Price is currently experiencing a corrective relief rally back into the established 4H overhead supply block (~$0.3748 to $0.3938). This zone marks previous breakdown structure, making it a high-probability area for seller exhaustion and bearish continuation.
Risk Management: The stop-loss is safely tucked above the local wick high at $0.4222 to invalidate the setup on a strong structural break upwards.
Target Objective: The downward expansion arrow targets a clean sweep of liquidity down to the major horizontal demand support sitting at $0.3009.
$ONDO
$PIEVERSE
extra Note - Pieverse can be rejection again round 2.26.
$INIT
Disclaimer: Cryptocurrency trading involves substantial risk of loss and is not suitable for every investor. Always manage your leverage carefully, use isolated margin, and stick to your risk parameters.
#BinanceSquare #CryptoTrading #ONDO #TechnicalAnalysis #FuturesTrading
Here is a structured technical breakdown and short setup for ONDO/USDT on the 4-hour timeframe, mapped out for an aggressive pullback into lower timeframe support.
📊 Trade Plan Overview
Asset/Pair: ONDO/USDT (Perpetual Contract)
Direction: Short / Sell
Current Price Action: Testing a key 4H resistance/supply zone around the $0.3748 – $0.3938 range.
📌 Key Levels & Execution Parameters
Entry Zone (Resistance / Supply): $0.3748 – $0.3938
Stop Loss (SL): Above the local liquidity zone / high at $0.4222
Take Profit (TP) / Target: Major lower demand / support level at $0.3009
🔍 Technical Rationale
Market Structure & Supply Reaction: Price is currently experiencing a corrective relief rally back into the established 4H overhead supply block (~$0.3748 to $0.3938). This zone marks previous breakdown structure, making it a high-probability area for seller exhaustion and bearish continuation.
Risk Management: The stop-loss is safely tucked above the local wick high at $0.4222 to invalidate the setup on a strong structural break upwards.
Target Objective: The downward expansion arrow targets a clean sweep of liquidity down to the major horizontal demand support sitting at $0.3009.
$ONDO
$PIEVERSE
extra Note - Pieverse can be rejection again round 2.26.
$INIT
Disclaimer: Cryptocurrency trading involves substantial risk of loss and is not suitable for every investor. Always manage your leverage carefully, use isolated margin, and stick to your risk parameters.
#BinanceSquare #CryptoTrading #ONDO #TechnicalAnalysis #FuturesTrading
