🔴 $ONDO Spot Flows Still Negative

Short-term 1H inflows (+179k) look more like a dead-cat bounce in a broader sell-off.

Bigger picture: traders are unwinding longs and opening shorts.

📉 Bias: Bearish (for now)

Short Scenarios • Rejection short near resistance → 0.4247 USDT

• Breakdown short below key support → 0.3846 USDT

• Safer entry: short a pullback into MA5 (~0.3946) for better R:R

🛑 Stop-Loss • Above 0.4247 (resistance short)

• Above 0.4038 (breakdown short)

🎯 Targets • 0.3605

• 0.3280 if downside momentum accelerates

📊 ONDOUSDT Perp

Price: 0.3891

24h: -2.6%

⚠️ Trend favors sellers until spot demand flips.

Trade smart, protect capital. 🛡️📉