$ONDO - Descending Resistance keeps price Bearish!

As you can see market is printing the consistent lower highs and lower lows. Multiple Coch levels already failed to reverse price that means they acting as continuation. In a healthy downtrend price do exactly what we are seeing in this chart. according to my analysis as long as price below this resistance market will act downtrend with continuation towards the lower liquidity.

entry price- 00.2391 - 0.2361

1st tp- 0.2302 close 30% here and set your SL at entry.

2nd tp- 0.2204 close 100%

SL- 0.2496

Click here to support my trade👇

ONDOUSDT

Perp

0.2799

+9.76%