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Everyone is bullish on ONDO, but the 1D trend just screamed the opposite.
$ONDO /USDT - SHORT
Trade Plan:
Entry: 0.3479 – 0.3499
SL: 0.3589
TP1: 0.3414
TP2: 0.3364
TP3: 0.3290
Why this setup?
Why now? The 4h EMA structure is fully bearish, with RSI at 41.27 on the 15m—still room to fall. ATR shows tight volatility, meaning the breakdown below 0.3489 could accelerate. This isn’t a dip to buy; it’s a short setup with TP1 at 0.3414.
Debate:
Are you fading the crowd or joining the dump?