$ONDO is trading beneath a key resistance area where bearish momentum continues to dominate the higher-timeframe structure.
Trading Plan Short $ONDO ( max 10x )
Entry: 0.346973 – 0.348345
SL: 0.354244
TP1: 0.342720
TP2: 0.339428
TP3: 0.334489
The broader trend remains bearish, with sellers maintaining control across higher timeframes. While short-term indicators show oversold conditions, weak market structure suggests that any bounce may be limited and could provide fresh opportunities for sellers to re-enter.
Price is currently approaching a zone where downside continuation remains the higher-probability scenario. The lack of strong bullish momentum combined with compressed volatility often precedes another directional move in favor of the prevailing trend.
A rejection from the entry area could accelerate price toward the listed profit targets. Risk remains clearly defined above resistance, while the projected downside offers an attractive risk-to-reward opportunity for traders aligned with the current market structure.
$ONDO
Trading Plan Short $ONDO ( max 10x )
Entry: 0.346973 – 0.348345
SL: 0.354244
TP1: 0.342720
TP2: 0.339428
TP3: 0.334489
The broader trend remains bearish, with sellers maintaining control across higher timeframes. While short-term indicators show oversold conditions, weak market structure suggests that any bounce may be limited and could provide fresh opportunities for sellers to re-enter.
Price is currently approaching a zone where downside continuation remains the higher-probability scenario. The lack of strong bullish momentum combined with compressed volatility often precedes another directional move in favor of the prevailing trend.
A rejection from the entry area could accelerate price toward the listed profit targets. Risk remains clearly defined above resistance, while the projected downside offers an attractive risk-to-reward opportunity for traders aligned with the current market structure.
$ONDO