⚠️ $ONDO /USDT – Short Trade Signal Alert!
🔹 Current Price: $0.9071
🔹 24H High / Low: $0.9495 – $0.9024
🔹 Change (24H): -3.78% (persistent bearish pressure with failed EMA recovery)
📊 Market Overview:
Bearish Trend: Price remains in a downtrend after failing to sustain above $1.0838 and is trading below all key EMAs.
EMA Structure: EMA(7) < EMA(25) < EMA(99) confirms a clear bearish alignment, acting as dynamic resistance.
RSI Weakness: RSI(12) is at 45.08, leaning toward the bearish zone, while RSI(6) at 41.56 shows fading buying pressure.
Volume: Decreasing buy volume suggests weak accumulation and favors continued downside momentum.
📉 Trade Setup (Short Idea):
Entry Zone: $0.910 – $0.920 (near EMA(25) resistance)
TP1: 🎯 $0.880 (minor support level)
TP2: 🎯 $0.844 (previous swing low)
TP3 (Final): 🎯 $0.820 (extended downside target)
Stop Loss: ❌ Above $0.940 (above EMA(99) and resistance zone).
🔍 Pro Tip:
Watch for a clean break below $0.885 with volume to confirm continuation. Any weak retest toward EMA(25) can provide an optimal short re-entry.
📉 Bearish EMA alignment and weak RSI strongly support a short bias in the near term.
