$ORDI Short Liquidation Alert
💰 Liquidation Value: $14.633K
💰 Liquidation Price: $26.50018
What Does This Mean?
Short liquidation occurs when sellers are forced to close their positions as the price rises.
This suggests bullish momentum is building, potentially leading to further upward movement for $ORDI.
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Trading Plan
➡️ Entry Point (Buy Zone): $26.40 - $26.60
➡️ Current Price: $26.50018
➡️ Targets (Take Profit):
First Target: $27.50
Second Target: $28.20
➡️ Stop Loss: Below $25.80
Next Steps
1. Bullish Momentum: The short liquidation suggests buyers are gaining control. If this trend continues, ORDI could climb to $27.50 and possibly $28.20.
2. Volume Confirmation: Watch for high buy-side volume near $26.50 to validate the upward momentum.
3. Reversal Risk: If $ORDI drops below $25.80, it could indicate selling pressure, making a stop-loss crucial.
Pro Tips
📈 Buy Strategically: Enter within the buy zone for an optimal risk-reward setup.
Protect Gains: Move your stop-loss to your entry price once the first target is reached.
⚡ Stay Alert: Monitor market sentiment and external factors that could impact $ORDI’s price movement.
🚀 Ride the bullish wave on $ORDI! With disciplined risk management, you can make the most of this opportunity!