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$ORDI | 1h | Bearish Rejection / Short Setup
Bias: Short
Entry Zone: 3.95 to 4.05
Stop Loss: 4.24
Targets:
TP1: 3.82
TP2: 3.65
TP3: 3.42
Invalidation:
Close above 4.24
Why This Setup:
I’m fading the sharp impulse into the 4.20-4.40 supply area after an overextended breakout. The move is stretched and showing rejection at the highs, so I’m looking for a retrace back toward prior breakout levels and liquidity below.