$ORDI is starting to show signs of weakness—bears could make a comeback soon❗ After rallying sharply from $6.65 to a local high of $9.29, it has now slipped to around $8.96. Momentum is fading, and early signs of exhaustion are appearing as red candles begin to emerge.
#ORDI Short Trade Setup
Goal: Profit from a potential downward break of the current consolidation around $8.96.
Entry: Short if price breaks below $8.85 (with volume).
Stop Loss: Around $9.15 (above immediate resistance).
TP1: $8.70
TP2: $8.55
Focus: Short-term, tight targets due to recent consolidation. Requires confirmed breakdown with volume. Manage risk carefully.