$ONDO /USDT – SHORT TRADE SIGNAL🔴
📉 DOUBLE TOP FORMING BELOW $1.0318
📉 BEARISH WICKS SHOWING SUPPLY PRESSURE
ONDO failed to break above $1.0318, forming a potential double top with repeated rejection candles. The price is hovering just above short-term EMAs but struggling to push higher, signaling a loss in momentum. If $1.020 support fails, we could see a quick move back toward the previous demand zone near $1.00 and possibly lower.
TRADE SETUP:
• Entry Point: $1.024 – $1.027
• Stop Loss: $1.0335
• Take Profit:
◦ TP1: $1.015
◦ TP2: $1.000
• Margin: 2–3% of wallet
• Leverage: 10x
📊 Market Outlook: Weak bullish follow-through and rejection at resistance indicate short-term downside pressure.$ONDO
#ONDOUSDT #BinanceFutures #CryptoTrading #ShortSetup #PriceAction