$ORDI
- Strong selling wave with support level test
The price of ORDI sharply reversed from its peak of 10.924, breaking through key support levels during the day, dropping to 9.870. The sharp increase in red trading volume indicates strong bearish momentum, and a break below 9.870 could accelerate the decline towards 9.650-9.500. Any attempts to rebound are likely to face resistance near 10.050-10.280.
Trading setup: Sell below 9.870, profit target: 9.650 / 9.500, stop loss: 10.080.
With sellers firmly in control, bearish pressure is likely to continue if support fails.
