$ONDO | Rejection at Local Highs — Pullback Setup 📉
Rejection from local highs with bearish structure forming, indicating a potential short-term pullback after an overextended move.
Trade Setup:
· Entry Zone: $0.2730 – $0.2770
· Stop Loss: $0.2890
· TP1: $0.2620 🎯
· TP2: $0.2520 🎯
· TP3: $0.2400 🎯
Why this setup?
· Clear rejection near $0.29 resistance zone
· Lower high formation on lower timeframe
· Bearish candles showing momentum shift
· Possible retracement after a strong bullish leg
#ONDO #Trading #Crypto #ShortSetup #Rejection #Altcoin
Rejection from local highs with bearish structure forming, indicating a potential short-term pullback after an overextended move.
Trade Setup:
· Entry Zone: $0.2730 – $0.2770
· Stop Loss: $0.2890
· TP1: $0.2620 🎯
· TP2: $0.2520 🎯
· TP3: $0.2400 🎯
Why this setup?
· Clear rejection near $0.29 resistance zone
· Lower high formation on lower timeframe
· Bearish candles showing momentum shift
· Possible retracement after a strong bullish leg
#ONDO #Trading #Crypto #ShortSetup #Rejection #Altcoin