Short

#ONDOUSDT – Key Moment: Further Drop or Reversal?

is showing a bearish trend, trading below key resistance levels. The price is consolidating under $1.3010, indicating a potential continuation downward. Volume is increasing, confirming market interest. If the asset breaks below $1.2890, it could decline towards $1.2760 – $1.2723.

📉 SHORT from $1.2890
🛡 Stop Loss: $1.3010

⏱ 1H Timeframe

✅ Overview:
➡️ is testing $1.2890, with potential for a breakdown.
➡️ Rising volume suggests increased trader activity.
➡️ A breakdown below $1.2890 could push price towards $1.2760 and lower.

⚡ Plan:
➡️ Breaking below $1.2890 opens room for further downside.
➡️ Entry at $1.2890, targets at $1.2845 – $1.2723.
➡️ Partial profit-taking recommended at $1.2845 – $1.2760.
➡️ If price moves above $1.3010, the setup is invalidated.

📍 Take Profit:
🎯 TP1: $1.2845 – first target.
💎 TP2: $1.2760 – strong support level.
🚀 TP3: $1.2723 – final profit target.

📢 Bearish confirmation requires a strong close below $1.2890.
📢 If price slows at $1.2845, partial profit-taking is recommended.
📢 A breakout above $1.3010 invalidates the setup.

🚀 is on the verge of a breakdown – expecting a move to $1.2723!

MoriartyTrading

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