#数字货币市场洞察 $ONDO This price action is quite interesting; a short opportunity might be brewing.

I've been looking at ONDO's 4-hour chart lately, and the technicals are showing some concerning signals. The price has attempted to break the previous highs several times but failed each time, getting weaker with each attempt. This kind of structure usually isn't a good sign. A few days ago, after hitting resistance at a key supply zone, there was a sharp drop, indicating strong selling pressure above.

Right now, the price is stuck in a narrow range, oscillating back and forth. In my view, this looks more like a pause in a downtrend rather than the start of a reversal.

Here's my trading plan:
Wait for it to break below the current consolidation box, then consider opening a short around 0.4651. Place the stop loss just above 0.4808—if the price really breaks above this level, the short thesis doesn't hold in the short term. The first target is 0.4415, and if the move is smooth enough, the demand zone around 0.4179 could also be a possibility.

Of course, this is just my personal opinion—the market can always prove me wrong.