$ONDS 🔴SHORT🔴 on overboughtness!
Price $8.29 has been holding above all EMAs, but RSI 69.5 — is close to overbought. A pullback to EMA21 (7.94) and lower — is likely.
Plan (short):
🔹 Entry: 8.40 – 8.50 (slightly below the high)
🔹 SL: 8.65 (above the 24h max)
🔹 TP1: 8.00, TP2: 7.60, TP3: 7.10 (EMA200)
Risk management is mandatory!
🔥 What do you think, will we pull back to 7.60? Write in the comments!
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#ONDS #ShortSqueeze #TradingTales