🚨 $ORDI /USDT ALERT: EXPLOSIVE SURGE – TARGETS IN SIGHT! 🚨
$ORDI has surged 30.01%, currently trading at $50.73, following a strong upward breakout to a 24-hour high of $53.01. The significant price action and trading volume signal potential for further gains. Here's the technical outlook:
Key Levels to Watch:
1️⃣ Target 1: $55.00
If bullish momentum continues, ORDI is likely to test this immediate resistance level.
2️⃣ Target 2: $58.00
A breakout above the first target could push ORDI toward this next key resistance, drawing more buyers into the market.
3️⃣ Target 3: $60.00
Sustained momentum and increased buying interest could see ORDI challenging this psychological barrier.
Support Zone:
Immediate Support: $47.60
A retracement to this level could offer a buying opportunity, but failure to hold may lead to further downside toward $45.00.
Trade Setup:
Long Entry: Enter near $50.00 on pullbacks or breakouts above $53.00.
Stop Loss: Place a stop loss below $47.00 to manage downside risk.
Take Profit Levels: $55.00, $58.00, $60.00.
Cautionary Note:
Given the recent sharp movement, expect increased volatility. Traders should maintain tight risk management and monitor price action closely.