$ORDI Long Liquidation Alert 🚨
A $6.0154K long liquidation just hit at $36.12877! This could be the beginning of a decisive move for $ORDI. Are you ready to capitalize on the opportunity? Let’s dive into the details!
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What’s Happening?
This liquidation indicates that leveraged bulls have been pushed out, potentially paving the way for:
1. A rebound if buyers step in at key support levels.
2. Further downside if selling pressure persists.
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Buy Zone 🛒
The buy zone for $ORDI lies between $35.00 - $36.00. This range has acted as a strong support area in the past, making it a potential accumulation zone.
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Targets 🎯
Target 1: $37.50 (Immediate resistance)
Target 2: $39.00 (Mid-term target if momentum builds)
Target 3: $42.00 (Major breakout level and psychological resistance)
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Stop Loss 🚫
Set your stop loss at $34.50. If $ORDI breaks below this level, it could signal a deeper decline toward $33.00 or lower.
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What’s Next?
If ORDI holds the buy zone: A recovery rally could push the price toward $37.50 or higher, with bullish momentum possibly extending to $39.00.
If it falls below $34.50: Be cautious, as the price could drop further, testing lower supports around $33.00 - $32.00.
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Key Indicators to Watch:
1. Volume: Strong buying volume in the buy zone could confirm a reversal.
2. Market sentiment: Monitor Bitcoin and Ethereum for broader market trends that could influence $ORDI.
3. Fundamentals: Look out for any news or updates related to $ORDI, as they could impact the price.
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⚠️ Disclaimer: This is for informational purposes only. Always do your own research and trade carefully. The crypto market is highly volatile—risk management is key!
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