🚨 $ORDI -Liquidation Alert – $2.55M Liquidated at $8.56 🚨
What’s Next for ORDI Traders
A major long liquidation has just shaken the \$ORDI market — $2.55 million** was wiped out at the $8.56 level. This kind of aggressive exit typically signals capitulation by overleveraged bulls. It’s a classic setup that can lead to one of two outcomes: a sharp relief bounce… or further downside.
Let’s break down what this means and where the key opportunities lie 👇
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🔍 Technical Breakdown:
$ORDI Price Action
Liquidation Level:
\$8.56 — a critical zone now under pressure.
Market Sentiment:
Bears are flexing, and bulls are on the defensive.
Key Pivot Zone:
Price is hovering around a major structural level that could act as a battleground between bulls and bears. Expect high volatility.
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📉 Buy Zone: $7.80 – \$8.20**
This is the prime accumulation area — a historically strong support zone that previously sparked bullish momentum.
If you’re looking to build a long position, this is where smart money starts paying attention.
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🎯 Upside Targets
1. **Short-Term:** \$9.10 – If ORDI can reclaim \$8.70 with volume, a relief rally is likely.
2. **Mid-Term:** \$9.80 – The next major resistance from the last failed breakout.
3. **Extended Target:** \$10.60 – Possible only if market sentiment shifts and **BTC remains stable**.
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🛑 Stop-Loss Level: $7.55**
A decisive break below $7.55 signals a confirmed downtrend continuation.
⚠️ Use strict risk management to protect capital below this level.
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💡 Final Take
This liquidation event is a potential **reset button**. Whether it leads to a bounce or deeper selloff depends on how price reacts in the next few sessions.
**Watch the \$8.20 – \$8.70 range closely — it's the battleground that could define ORDI’s next major move.
Stay sharp, trade smart. 💹
