$ORDI /USDT BEARS PRESSURE PRICE INTO KEY SUPPORT — NEXT MOVE CRUCIAL
ORDI has seen a sharp drop from the recent 10.685 high, sliding nearly 14% in 24 hours to test the 9.18 support zone. Selling momentum remains strong, with repeated failures to reclaim 9.50 indicating that sellers are still in control. A decisive break below 8.80 could open the way for deeper losses, while holding above this level might trigger a short-term relief bounce.
Trade Setup (Short):
Entry: 9.20 – 9.30
TP1: 8.80
TP2: 8.50
SL: 9.60
Market Outlook:
Sentiment leans bearish as volume remains high on downswings. If buyers fail to defend 8.80, momentum could accelerate toward lower demand zones. Watch closely for reaction at this level to gauge if a reversal attempt is likely or if breakdown continuation plays out.
