$ORDI /USDT. Based on the current price action and technical indicators provided, here’s a short-term trade setup suggestion using a 15m–1h timeframe:
ORDI/USDT Intraday Trade Setup
Current Price: $8.17
MA60 (15m): $8.21
Volume: Higher MA(5) than MA(10) suggests increasing short-term momentum.
Support Zones
$7.84: Intraday low — strong short-term support.
$8.00: Psychological and round-number support.
Resistance Zones
$8.21–$8.25: Near MA60, price struggling to break this level.
$8.50: 24h high — strong resistance and profit target zone.
Bullish Setup (Bounce Trade)
Entry: $8.05–$8.10 (wait for price to hold above $8.00)
Stop Loss: $7.83 (below 24h low)
Take Profit: $8.25 (partial), $8.45–$8.50 (full)
R/R: Approx. 1:2.5
Bearish Setup (Rejection at MA60)
Entry: $8.20–$8.25 (if price rejects MA60 and forms a bearish candle)
Stop Loss: $8.35
Take Profit: $8.00, then $7.85
Extra Notes
Watch if price reclaims and holds above MA60 on 15m or 1h.
If price dips to $8.00 with strong volume bounce, it's a good entry for a scalp long.
Volume MA(5) > MA(10) suggests increasing interest — watch for breakout or trap.
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