📉 Signal Type: Short / Sell
#ORDI is showing strong downward movement after failing to reclaim $10.8 level. The buying volume is very low so we can go for a short strategy:
$ORDI Short Position with Trailing Stop Strategy (3 - 4 days)
🔹 Entry Level:
Entry : $8.5 - $9.2
🎯 Take-Profit (TP) Levels:
TP1: $7.60 (First key support)
TP2: $7.20 (Stronger support zone)
TP3: $6.80 (Psychological level)
TP4: $6.30 (Deep correction zone)
TP5: $5.80-$6.00 (Major support)
🛑 Stop-Loss (SL):
SL: $9.55 (Above resistance to protect capital)
📌 Trailing Stop Strategy
🔹 Method: Move stop-loss downward as price reaches key targets.
If price reaches TP4 ($6.30) → Consider closing most of the position or keep a tight SL at $6.70.
Follow this post and also comment if you entered a short position.
#ORDI is showing strong downward movement after failing to reclaim $10.8 level. The buying volume is very low so we can go for a short strategy:
$ORDI Short Position with Trailing Stop Strategy (3 - 4 days)
🔹 Entry Level:
Entry : $8.5 - $9.2
🎯 Take-Profit (TP) Levels:
TP1: $7.60 (First key support)
TP2: $7.20 (Stronger support zone)
TP3: $6.80 (Psychological level)
TP4: $6.30 (Deep correction zone)
TP5: $5.80-$6.00 (Major support)
🛑 Stop-Loss (SL):
SL: $9.55 (Above resistance to protect capital)
📌 Trailing Stop Strategy
🔹 Method: Move stop-loss downward as price reaches key targets.
If price reaches TP4 ($6.30) → Consider closing most of the position or keep a tight SL at $6.70.
Follow this post and also comment if you entered a short position.
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ORDI
7.06
-3.42%