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$ORDI (1h) - Bearish Rejection
Bias: Short
Entry (Zone): 4.66 - 4.78
Targets:
TP1: 4.48
TP2: 4.28
TP3: 4.00
Stop Loss: 4.90
Why this Setup:
I’m seeing price reject after a weak bounce into overhead supply, and the structure still favors continuation lower. I want to short any move back into this resistance band because momentum has faded, and I expect sellers to defend the area before a rotation back toward the recent lows.
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