$ORDI /USDT — BEARS DRIVE PRICE TO CRUCIAL SUPPORT
ORDI has faced a sharp sell-off, dropping nearly 15% in the last 24 hours and testing the $8.80 zone — a level that could decide the next big move. If this support fails, further downside pressure is likely; however, any strong bounce from here may spark a short-term relief rally.
Trade Setup (Short Bias):
Entry Zone: $8.92 – $9.00
Take Profit 1: $8.65
Take Profit 2: $8.40
Stop Loss: $9.15
Market Outlook:
Momentum remains bearish with consistent lower highs and lower lows on the 15m chart. Seller dominance is still above 49%, and any recovery will require strong buying pressure above $9.20 to shift momentum.
