Who got $ORDI ??? let's buy/sell it according to the buy/sell zones mentioned here.
ORDI/USDT Short Trade Signal!
*Trade Setup*
- *Short Entry Zone:* $9.30 - $9.45
- *Targets:*
- *Target 1 (TP1):* $9.00
- *Target 2 (TP2):* $8.80
- *Target 3 (TP3):* $8.60
- *Stop Loss:* $9.55
Click here $ORDI or click on the chart to sell.
*Key Levels*
- *Resistance:* $9.50 - $9.60 (recent high rejection)
- *Support 1:* $9.00 (psychological level)
- *Support 2:* $8.80 (previous breakout level)
- *Support 3:* $8.60 (demand zone)
*Market Insights*
- *Profit-Taking and Correction:* Strong rally followed by a sharp rejection wick, indicating profit-taking and possible correction.
- *Bearish Divergence:* Bearish divergence on lower timeframes suggests momentum exhaustion.
- *Downside Movement:* If price fails to reclaim $9.40, expect further downside movement.
*Tips*
- Look for a weak retest of $9.30-$9.40 before entering short.
- Volume confirmation on selling strengthens the bearish setup.
- Monitor lower timeframes for bearish confirmation signals.
*Risk Management*
- *Position Sizing:* Manage position size to limit potential losses to 2-3% of the trading account.
- *Risk-Reward Ratio:* Aim for a risk-reward ratio of 1:2 or higher to ensure potential profits outweigh potential losses.
- *Stop-Loss:* Stick to your stop-loss and avoid over-leveraging.
*Trade Plan Scenarios*
- *Bearish Scenario:* ORDI/USDT breaks below $8.60, targeting $8.40 and lower.
- *Bullish Scenario:* ORDI/USDT breaks above $9.55, targeting $9.70 and higher.
I would highly encourage you to start your trade(buy/sell ORDI ) from my post, simply hitting here. → $ORDI
If you want a trade plan of your desired coin, write it in the comments below. I will post its trade strategy .
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