$ORDI – BEARISH PRESSURE BUILDS!
$ORDI has been in decline since the rejection at $9.096, with sellers driving the price down to a recent low of $8.465. While the bounce back to $8.77 shows a temporary relief, the move is already facing resistance near $8.85, where sellers are stepping in again. The volume profile shows heavier red dominance during the drop compared to the recovery, signaling weak buyer conviction. If ORDI loses $8.70 support, the door opens for another test of $8.46 and possibly deeper downside.
🔻 Short Trade Setup
Entry: $8.75 – $8.85
Target 1: $8.70
Target 2: $8.46
Stop Loss: Above $8.99
The overall structure remains bearish, and failed rebounds could invite further selling pressure.
