Massive $ORDI Short Liquidation Spotted.

$76,024 Liquidated at $29.13.

The bears have just been burned! A short liquidation worth a whopping $76.024K has occurred at the crucial price level of $29.23982. This marks a significant point in the market, where sellers were forced to close their positions due to the upward momentum.

What Does This Mean for $ORDI

1️⃣ Bullish Momentum: This liquidation suggests strong upward pressure on $ORDI, with buyers overpowering sellers.

2️⃣ Key Resistance: $29.23982 could act as a pivotal resistance level. If broken, we might see further price surges.

3️⃣ Short Squeeze Potential: The squeeze may continue as more shorts scramble to close positions.

Next Levels to Watch.

Support: Keep an eye on $28.50 as the immediate support level.

Resistance: A breakout above $30 could trigger another rally.

Trader’s Take:

If you're riding the wave, stay alert for price action above $29.24. For shorts, tread carefully this could be the start of a stronger bull run.

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