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$ORDI (1h) - Bearish Continuation
Bias: Short
Entry (Zone): 4.290 - 4.320
Targets:
TP1: 4.226
TP2: 4.174
TP3: 4.097
Stop Loss: 4.408
Why this Setup:
I’m staying with the short bias because price has rejected the 4.60 area and is now breaking down hard from a lower high structure. I want to sell into any weak bounce back toward the 4.29-4.32 zone, where intraday resistance should hold if this flush continues. The move still has room to extend toward the prior support levels, and I’m keeping the stop above the last rejection area in case momentum shifts back into a squeeze.