$ONDO /USDT SHOWING SIGNS OF SHORT REVERSAL – WATCH CLOSELY!
The 15-minute chart of $ONDO
/USDT reveals a classic short setup forming after a sharp rally to the 0.7646 resistance zone, followed by a strong rejection. The price is currently trading at 0.7539, already down -2.33%, indicating bearish pressure.
🔻 Key Bearish Signals: • Double-top near 0.7646 with long upper wicks
• Consecutive red candles post-peak = profit-taking in play
• Short-term support at 0.7473 – break below this could accelerate the drop
• MACD and RSI (not shown) likely cooling off after the recent spike
📉 Short Trade Plan: • Entry: 0.7530 – 0.7550
• TP1: 0.7470
• TP2: 0.7415
• TP3: 0.7350
• SL: 0.7645 (above local high)
If momentum persists and volume increases on red candles, this may become a strong short-term retracement opportunity.
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