$ORDI
BULLISH BREAKOUT SETUP
$ORDI is showing strong bullish momentum after holding support near the $7.82 level. The 24h range indicates a clear upward pressure, with buyers pushing towards the 24h high of $8.57. Immediate resistance sits around $8.62, and a breakout above this level could open the path toward TP1: $8.75 and TP2: $8.95.
Key support levels to watch are $8.18 and $7.96. A drop below these may invalidate the bullish setup, so SL: $7.90 is recommended for risk management.
Short-term traders can capitalize on the momentum while keeping positions sized according to their risk tolerance.
Risk Management: Keep exposure limited to 1–2% of trading capital per trade; adjust stop-loss as price action evolves.
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