$ORDI /USDT – Sharp Rejection After Bullish Spike ⚠️
Current Price: $10.777 (+1.04%)
$ORDI attempted a breakout above $11.30 but faced strong rejection and is now pulling back sharply — indicating possible short-term weakness.
Short Trade Setup:
Entry Zone: $10.80 – $11.00
TP1: $10.45
TP2: $10.10
TP3: $9.85
Stop Loss: $11.35
Key Levels:
Resistance: $11.00 – $11.30
Support: $10.45 – $10.00
Market Insight:
Bearish engulfing candle and long upper wick on the 30m chart suggest fake breakout and strong selling pressure. Low 24h volume also supports a likely retrace.
Pro Tip:
Watch for a retest of $11 as a rejection zone. Ideal for scalping short with tight stop.
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