📉 ORDI/USDT Short Setup (5m)
Price has hit a major rejection level and is currently breaking down. Momentum has shifted bearish on the lower timeframes.
🔴 Entry Zone: 4.770 – 4.800 (Rejection Area)
🎯 Take Profit 1: 4.300
🎯 Take Profit 2: 3.987
🛑 Stop Loss: 4.836
Technical Breakdown:
Market Structure: Heavy rejection at the 4.83 level followed by a sharp impulsive move down.
Momentum: The 5m chart shows strong selling pressure with descending candles.
Risk/Reward: High potential R:R (~1:6 toward TP-2) provided the current breakdown holds.
Strategy: Looking for a continuation of the downward move toward the major support levels below.
Trade with discipline. Use appropriate leverage. ⚡️

ORDIUSDT
Perp
4.401
-3.74%