I almost bought $ONDO today. Then I checked the volume, 0.3x average
Volume is only $2.8M for the whole day
Size moves this book and exits are not likely
Price sits at $0.36010 down 14.3 percent from the seven day high
I need an hourly close and hold above $0.36590 to see real momentum
Or I want a pullback that holds $0.35710 and actually bounces
It could keep running without you
A bad entry costs more than a missed move
Chasing $ONDO here, or waiting for 0.35710?
#ONDO #RiskManagement
Volume is only $2.8M for the whole day
Size moves this book and exits are not likely
Price sits at $0.36010 down 14.3 percent from the seven day high
I need an hourly close and hold above $0.36590 to see real momentum
Or I want a pullback that holds $0.35710 and actually bounces
It could keep running without you
A bad entry costs more than a missed move
Chasing $ONDO here, or waiting for 0.35710?
#ONDO #RiskManagement