📉 ORDI/USDT Trade Setup – May 16, 2025
🔍 Market Snapshot:
Current Price: $10.17
24h Range: $9.88 – $11.39
Trend: Bearish pullback from $13.61 high
Volume: 2.61M ORDI
📊 Technical Outlook (4H Chart):
Price trading below MA(7) and MA(25)
Testing support around $9.60 – $9.80 zone
Long-term MA(99) support sits at ~$9.01
✅ Trade Plan
📥 Entry Zone:
$9.60 – $9.80
(Watch for bullish confirmation near 99 MA support)
🎯 Take-Profit Targets:
TP1: $10.80
TP2: $11.30
TP3: $12.40 (swing)
🛑 Stop-Loss:
$9.10
(Below key support & MA(99))
📈 Risk/Reward (TP1): ~1.8x
🛡️ Strategy: Wait for volume bounce or bullish candle before entry.
💬 Trade with discipline. Manage your risk. Let the market come to you.