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$ORDI – Four-hour bearish reversal emerging against prevailing bullish consensus
Trade Setup: Short $ORDI
• Entry Zone: 4.574 – 4.604
• Target 1: 4.483
• Target 2: 4.412
• Target 3: 4.305
• Stop Loss: 4.731
The daily trend remains confined within a range rather than a confirmed uptrend, undermining the broader bullish narrative. Short bias holds at 55% confidence with a 1-hour Average True Range of 0.108, suggesting limited upside capacity under current conditions. Entry positioned near 4.589 targets the first objective at 4.483, while the 15-minute Relative Strength Index reading of 52.92 indicates no immediate overbought pressure, providing shorts sufficient room for continuation before any squeeze scenario materializes.
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