【$ONDO Signal】1H level strong short squeeze, funding rate exposes high-risk chasing

$ONDO 1H level RSI surges to 80.88, 4H level also rises to 76.39, buying pressure is extremely crowded. The 4H Bollinger Band upper band is directly broken through, with the price standing at 0.1859, far exceeding the upper band of 0.1778. MACD on both cycles is in strong expansion, but trading volume on the 1-hour chart has shrunk after the last candlestick. Market depth imbalance reaches 41%, buy orders are 2.39 times thicker than sell orders, indicating clear support from funds, but the rate is as high as 0.1136%, and long positions' cost is rapidly accumulating.

In this kind of short squeeze market, the risk-reward ratio needs to be extremely strict; chasing the current price is like playing with fire. Wait for a decent pullback, and set up to buy near the lower boundary of the 0.14689 to 0.18499 range.

⚡Entry: Place buy orders around 0.14689

🛑Stop loss: 0.13134

🚀Target 1: 0.18576

🚀Target 2: 0.18651

🛡️Trade management: - Execute strategy: Take half profit when the price hits 0.18576, and push the rest to break even. If the price drops sharply after placing the order and no rebound occurs, exit at stop loss without holding the position.

In a high-fee environment, the price holding firm without falling is itself a sign of strength. But with open interest trending sideways, new funds are starting to hesitate, and a washout is needed to go further. The 1-hour EMA20 at 0.1620 is a psychological anchor and the first line of defense for deep retracement. The current price deviates more than 24% from the 4H midline; the force to revert to the mean should not be underestimated, and patience with orders is essential.

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