$ORDI Long Liquidation: $79K at $40.69
$79K Long Position Liquidated at $40.69 – A significant long liquidation occurred in the #ORDI market at $40.69, triggering a swift price drop.
Market Outlook:
• Support Zone:
Look for potential support around $38.50 if the price continues to fall.
• Resistance: $42.00 will be a key level to watch for any signs of recovery.
•Next Move:
Monitor the $38.50 level for possible long entries if the price stabilizes.
If resistance at $42.00 holds, a pullback could follow.
Stay cautious and use proper risk management when navigating volatile conditions.
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