Technical analysis by cRyPt0N008 about Symbol ONDO: Sell recommendation (1/28/2025)

This setup favors a short position if price reaches the OB zone and shows signs of rejection. A well-placed stop-loss and a clear target around $1.2888 provide an attractive risk-to-reward ratio (RRR).Waiting for confirmation (bearish price action, volume patterns, or lower time frame break) before entry would enhance trade confidence.Entry: $1.4332, anticipating a rejection from the order block (OB) resistance.Stop-Loss: Placed at $1.4786, above the OB zone to mitigate risk from liquidity grabs.Take-Profit: Targeting the $1.2888 level for potential downside gains.