$ORDI | 1h | Range Breakdown Short


Bias: Short
Entry Zone: 4.28 to 4.31
Stop Loss: 4.35
Targets:
TP1: 4.23
TP2: 4.20
TP3: 4.15
Invalidation:
Close above 4.35
Why This Setup:
I’m seeing a weak recovery into prior breakdown resistance after a clear lower-high structure. Price keeps failing to reclaim the mid-4.30s, so I want the short on any rejection back into that zone.
The move has been impulsive on the downside, and the current bounce looks like a liquidity retest rather than a trend reversal.

#GateSquareMayTradingShare
ORDI-0.6%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned