📉 $ONDO — Big Short Setup | Support Breakdown in Focus
SHORT 🔴
📍 Entry Zone: $0.426 – $0.438
🛑 Stop Loss (SL): $0.468
🎯 Take Profit Targets:
- TP1: $0.419
- TP2: $0.406
- TP3: $0.397
📉 Market Analysis:
ONDO is showing signs of weakness as it struggles to maintain its current trading range. If sellers push the price below nearby support and confirm a breakdown, bearish momentum could strengthen and open the way toward lower levels.
The first target sits at $0.419, followed by $0.406 and $0.397 if selling pressure continues. A rejection within the entry zone would provide additional confirmation for this short setup, while a recovery above resistance could weaken the bearish outlook.
🔑 Key Levels:
- Entry Zone: $0.426–$0.438
- Downside Targets: $0.419, $0.406, and $0.397
- Invalidation: Above $0.468
⚠️ Risk Note: Wait for bearish confirmation before entering. Monitor support closely, use a defined stop loss, and manage position size carefully.
📉 Bearish Bias: Further downside remains possible if support breaks and sellers retain control.
Sell and Trade $ONDO here 👇
DYOR.
SHORT 🔴
📍 Entry Zone: $0.426 – $0.438
🛑 Stop Loss (SL): $0.468
🎯 Take Profit Targets:
- TP1: $0.419
- TP2: $0.406
- TP3: $0.397
📉 Market Analysis:
ONDO is showing signs of weakness as it struggles to maintain its current trading range. If sellers push the price below nearby support and confirm a breakdown, bearish momentum could strengthen and open the way toward lower levels.
The first target sits at $0.419, followed by $0.406 and $0.397 if selling pressure continues. A rejection within the entry zone would provide additional confirmation for this short setup, while a recovery above resistance could weaken the bearish outlook.
🔑 Key Levels:
- Entry Zone: $0.426–$0.438
- Downside Targets: $0.419, $0.406, and $0.397
- Invalidation: Above $0.468
⚠️ Risk Note: Wait for bearish confirmation before entering. Monitor support closely, use a defined stop loss, and manage position size carefully.
📉 Bearish Bias: Further downside remains possible if support breaks and sellers retain control.
Sell and Trade $ONDO here 👇
DYOR.