📉 $ONDO / USDT – Short Setup: Retrace in Play?
$ONDO is showing weakness after rejecting the $0.80 resistance on the 4H chart. The move appears to form a lower high, suggesting bearish momentum is building. Ideal for short-term traders looking to capitalize on the retrace.
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🔹 Short Trade Plan
Entry Zone: $0.7690 – $0.7710
Stop Loss: $0.7820 (above resistance wick)
Take Profits:
TP1: $0.7450 (recent support)
TP2: $0.7200 (previous demand zone)
