$ORDI Long Liquidation Alert!

Liquidated Amount: $151,000

Liquidation Price: $38.01

What just unfolded?

A massive $151K long position has been liquidated as ORDI plunged below the critical $38.01 level.

Bulls were caught off guard as intense selling pressure forced a sharp decline, flipping the sentiment bearish.

Why does this matter?

1️⃣ Sell Pressure Surge: Long liquidations amplify downward momentum, creating a domino effect of selling.

2️⃣ Critical Level Breached: The break below $38 signals a loss of key support, potentially leading to further downside.

What’s Next for $ORDI ?

🔻 Bearish Continuation: If bearish momentum persists, ORDI could tumble toward $36-$37, testing lower supports.

Potential Bounce: Reclaiming $38.01 could spark a relief rally back to $39-$40, but resistance will be stiff.

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Key Levels to Watch:

Support Zone: $36.50-$37.00 for signs of stabilization.

Resistance Zone: $38.50-$39.00 to confirm any recovery attempt.

Traders, $ORDI I’s volatility is peaking—will you short the dip, or position for a rebound?

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