ONDO/USDT — Bearish setup (1W) Signal strength: 49/100 (Moderate). Counter-signals (bullish): • 2 bullish gap(s) acting as support below (nearest: BAG $0.3149). • MACD histogram positive (+0.0163): bullish momentum sustained [counter-trend, capped]. • Large bid wall $311,416 at $0.35 (Immediate). • Macro tailwind (RISK-ON): CPI bullish, Core CPI bullish, Non-Farm Payrolls bullish: adds strength until next release. • Fear & Greed: 28 (Fear): market fearful, contrarian bullish lean. • Elliott Wave: Wave 2 (bullish phase): weak supporting signal. What is driving the move lower: • Strong price selloff (-12.2% over 4 candles): active selling surge; coin is dropping right now. • Fully confirmed selloff: spot and futures CVD falling in sync; real selling meets speculative pressure, strong bearish confluence. • 6 bearish gap(s) as resistance above (nearest: fair-value gap $0.3771). • EMA7 below EMA21: short-term trend bearish; near-term sellers in control. • Traditional markets headwind: US Dollar Index ↑, US 10Y Yield ↑, S&P 500 ↑. • Long/short ratio 1.93 (65.9% long): crowd long-heavy, late-cycle caution. • Under the macro descending ceiling (~$0.9965, 68% below): dominant downtrend intact; counter-trend longs are lower-probability. • Price below EMA50: medium-term bearish pressure. • SuperTrend bearish: price below dynamic resistance ($0.5841), downtrend intact. • Ichimoku cloud red (Span A < Span B): bearish trend territory. • Price below Ichimoku cloud: cloud acting as resistance, bearish structure. • Trend cap applied: raw trend score 40 capped at 35 (EMA/SuperTrend/Ichimoku all agree, preventing triple-counting). • Price below VWAP + VWAP falling $0.4944: institutional sell-side pressure dominant. • Flow+Trend confluence: CVD/open interest confirms trend direction; real money behind the move. • Momentum+Trend confluence: MACD/RSI aligned with trend; healthy continuation signal. • Triple confluence (Trend + Momentum + Flow): 15% strength amplifier. • TP2 anchored to the opposing demand zone / support line (~$0.2465, 1.3R): trading to real structure, not just ATR. Trade plan for Spot buying • Buy1: $0.3235458 • Buy2: $0.29459537 • Buy3: $0.24884765 • Buy4: $0.2014 Target selling price should be shared later Not financial advice — always do your own research and manage risk.
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