$ORDI /USDT BEARISH MOMENTUM HOLDS — MINOR RELIEF RALLY UNDERWAY
$ORDI has plunged -14.02% to $9.183 after bottoming at $8.807. While buyers have stepped in for a short-term bounce, the price remains below the 25 EMA and 99 EMA, signaling that the broader trend is still bearish. Unless the price reclaims $9.60 with strong volume, sellers are likely to dominate again.
Trade Setup (Short):
Entry: $9.15 – $9.35
TP1: $8.85
TP2: $8.60
SL: $9.65
Market Outlook:
Momentum indicators still favor the downside, and moving averages point lower. A sustained break below $8.80 could trigger another sell-off, while any bounce may face heavy resistance around $9.60–$9.80.
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