Detailed trading plan for ONDO/USDT

Currently, ONDO/USDT is in a strong downtrend, so the trading plan will focus on three main strategies: (1) Buy when the price forms a new bottom and signals a reversal, (2) Short-term trading on the rebound wave, or (3) Short if the market continues to decline.

1. Identify the main trend & important levels Main trend: Price reduction (Downtrend). Important Support: Strong support: $0.88 - $0.90 ( nearest bottom ). Weak support: $0.95 ( recently touched near ). Important resistance: EMA7 ( frame 4H & 1D): Range $1.02 - $1.04. EMA25 ( 4H & 1D): Range $1.05 - $1.14. Psychological milestone: $1.00.

2. Trading plan according to each strategy Strategy 1: Buy when the price creates a new bottom & signals a reversal Purchase conditions: The price touches a strong support zone $0.88 - $0.90. Candlestick patterns such as Pin Bar, Doji, Bullish Engulfing appear on the 4H or 1D timeframe. MACD crosses above ( or the histogram gradually narrows towards 0). Buying volume has increased significantly compared to the previous 2-3 sessions. Entry point: Buy in the range $0.88 - $0.92 when a reversal signal appears. Lock in profits at (TP - Take Profit): Target 1: $1.02 (EMA7 - 1D timeframe). Target 2: $1.10 (EMA25 - 1D timeframe). Cut loss (SL - Stop Loss): Place SL at $0.85 (under strong support zone). Expected Risk/Reward ratio: If TP1: R:R = 1:2. If TP2: R:R = 1:4.

Strategy 2: Short-term Bounce Trading (Scalping/Short-term Trading) Order entry conditions: Price retraces near EMA7 or EMA25 on the 1H or 4H timeframe. RSI on the 1H timeframe dropped into oversold territory (<30), then bounced back up. MACD histogram is narrowing, it may cross up. Order Entry Point: Buy when the price rises from the $0.93 - $0.95 range. Take profit: Goal 1: $1.00 (psychological milestone). Target 2: $1.02 - $1.05 (EMA25 - 4H timeframe). Cut loss: Place SL near the closest bottom, around $0.92. Expected Risk/Reward ratio: If TP1: R:R = 1:2. If TP2: R:R = 1:3.

Strategy 3: Short sell if the price continues to decline (Short Selling) Order entry conditions: The price does not exceed the EMA7 or EMA25 on the 4H & 1D timeframe. A strong reversal candlestick pattern like Bearish Engulfing, Shooting Star has appeared. MACD still maintains below 0 and the histogram continues to expand downwards. Entry point: Sell when the price rebounds to the resistance zone of $1.00 - $1.05 but cannot break through. Closing words: Goal 1: $0.95. Goal 2: $0.90 ( old bottom ). Cut loss: If the price exceeds $1.08 ( to avoid being stopped out due to fake breakout). Expected Risk/Reward ratio: If TP1: R:R = 1:2. If TP2: R:R = 1:3.

3. Capital & Risk Management Do not risk more than 2-3% of the account per trade. If strategy 1 (buy the bottom) fails, wait for confirmation before entering the order. If the price continues to break $0.88, do not catch a falling knife but wait for a clearer signal. If entering a short-selling order, you must closely follow the developments as there may be a strong rebound wave.

4. Summary & Action If you want to buy in Wait for the price to return to the $0.88 - $0.90 range. Check for candlestick reversal & MACD signal. Buy gradually with SL $0.85 and TP $1.02 - $1.10. If you want to trade the rebound wave Wait for the price to return to $0.93 - $0.95 and then buy. Short-term TP $1.00 - $1.05. Trading volume is below $0.92. If you want to short sell Wait for the price to return to $1.00 - $1.05 but not break. Short with TP $0.95 - $0.90. Volume over $1.08.