$ORDI /USDT Short Setup: Bearish Structure Confirms Downside Momentum🎁
ORDI presents compelling short opportunity at $7.464 as technical indicators align for continued downside pressure. The rejection from $7.696 resistance combined with lower highs/lower lows pattern signals weakening bull momentum.
Short Trade Parameters:
1️⃣Entry Zone: $7.46-$7.50 (current resistance-turned-resistance)
2️⃣Targets: $7.32 | $7.15 | $6.95 (progressive profit-taking)
3️⃣Stop Loss: $7.70 (above recent rejection high)
4️⃣Risk/Reward: Favorable 1:3+ ratio setup
Technical Confirmation: The 15-minute chart displays classic bearish structure with continuous lower highs formation. Strong rejection at $7.69 zone indicates seller dominance, while consolidation below resistance suggests imminent breakdown.
Execution Strategy: Wait for decisive break below $7.44 support to confirm momentum before entry. Implement staggered profit-taking at each target level to maximize gains while protecting against reversal risk.
Volume expansion on breakdown will validate the bearish thesis.$ORDI
$ORDI 👈 Buy and trade now 💰
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