$ORDI Short Liquidation Alert
A $5.4479K short position on ORDI was liquidated at $35.74738,
leading to a sharp price increase as short sellers closed their positions.
What It Means:
Price Surge: The liquidation caused a quick rise in ORDI’s price due to buying pressure.
Bullish Momentum: The market has turned more bullish, and further gains are possible.
What to Watch Next:
1. Support Levels: Watch $35.50 and $34.80 for potential support.
2. Resistance Levels: If ORDI continues rising, $36.50 might act as resistance.
3. Volume Trends: Look for increased volume, which could signal continued bullish action.
4. Market Sentiment: Stay tuned for news or updates that might impact ORDI’s price movement.
ORDI is showing strong upward momentum—watch for further price action as buying pressure continues!
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