๐จ Massive $ORDI Long Liquidation Alert! ๐จ
A whopping $5.826K position was liquidated at $26.17268โa key level showing extreme volatility! This is a clear signal that the market's gearing up for some action. Whatโs next? Let's break it down!
๐ฅ Buy Zone:
Look to buy around $24.50 - $25.50. This is a strong support zone where the price may bounce back.
๐ฏ Target Price:
First target: $30.00
If momentum holds: $32.00
Watch for resistance around these levels!
โ Stop Loss:
Set your stop loss at $22.50 to protect from unexpected drops.
๐ Why the Liquidation Matters: This long liquidation indicates heavy pressure, possibly due to market sentiment shifts. Watch for price action near support zones for potential buying opportunities!
๐ Key Insight:
If the price rebounds at $24.50, it could signal a strong bullish trend. But if it drops below $22.00, further declines may follow.
๐ก Strategy:
Consider scaling in slowly if the price dips further into the buy zone, with tight risk management!
Stay sharp and keep an eye on the charts! ๐
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