📉 Trade Signal: $ONDO (Short Position)
• Direction: SHORT (Sell)
• Timeframe: Intraday / Short-term (4H Chart)
• Risk Level: Moderate (Fading a news-driven bounce)
ENTRY ZONE:
• $0.352 - $0.360
(Enter slowly in this range. This aligns with the 50-day Moving Average resistance which often acts as a ceiling during downtrends.)
TARGETS (Take Profit):
• TP 1: $0.335 (Immediate support)
• TP 2: $0.315 (Recent consolidation low)
• TP 3: $0.290 (Extension target if market dumps)
STOP LOSS:
• $0.372
(Strict stop. A daily close above $0.37 indicates the trend might be reversing to bullish, invalidating this short setup.)
