🚨 $ORDI Long Liquidation Alert! 🚨
💥 $5,728.10 liquidated at $27.2899!
Long traders are feeling the heat as $ORDI takes a sharp move! With this liquidation, the market is showing potential for a big move either way. Here's the plan:
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🔥 What’s Happening?
$5.7K worth of long positions were liquidated at $27.28, suggesting a quick shift in sentiment.
This could signal either a price correction or the start of a fresh rally, depending on where ORDI goes next.
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Next Move - Strategy
Buy Zone: $26.80 - $27.30
Watch for a bounce or stabilization in this range for a solid entry point.
Targets:
🎯 Target 1: $28.50
🎯 Target 2: $30.00
🎯 Target 3 (Aggressive): $32.00
Stop Loss: $26.00
Set a stop loss just below key support to manage risk.
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Why This is Crucial?
1. The liquidation of long positions shows increased volatility, which could mean rapid price swings.
2. If ORDI finds support above $27.00 and breaks $28.50, it could trigger a rally toward $30 and beyond.
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