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$ONDO — THE SHORT SETUP MOST TRADERS ARE IGNORING
$ONDO /USDT — 🟢 SHORT · Conf 89%
Trade Plan:
🎯 Entry: 0.3475360 – 0.3494640
🛑 SL: 0.3658180
🎯 TP1: 0.3355115
🎯 TP2: 0.3268525
🎯 TP3: 0.3138640
Why this setup?
$ONDO is trading around 0.3485000, right inside the defined entry zone, creating a precise area to watch for a bearish move.
The 15M RSI at 22.4 shows heavy downside pressure and possible short-term exhaustion, while the 1H ATR at 0.00481 points to compressed volatility that could expand into a sharp move.
With the 1D trend remaining range-bound, this setup is focused on a potential mean-reversion move toward:
📉 TP1: 0.3355115
📉 TP2: 0.3268525
📉 TP3: 0.3138640
⚠️ Key invalidation: 0.3752475
A sustained move above this level would invalidate the bearish thesis and signal that the range may be breaking against the short setup.
🔥 The big question:
Does
#ONDO push cleanly toward TP2 at 0.3268525, or will the daily range trap the shorts first?
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