$ORDI : Long Liquidation Creates a Key Opportunity!

📊 $8.0275K in longs liquidated at $29.55628, highlighting a shift in market dynamics. With bearish pressure evident, Ordinex ($ORDI ) is at a crucial level. Let’s analyze what’s next.

Key Levels to Watch

Support Zone: $29.00 - $29.50 (important level to hold).

Resistance Zone: $30.50 - $31.00 (breakout zone).

Potential Targets After Recovery:

1. $32.00 (short-term).

2. $34.50 (medium-term).

3. $38.00 (long-term).

Trading Plan for $ORDI

Buy Zone

Dip Entry: $29.00 - $29.50 (if support holds).

Breakout Entry: Add positions above $30.50 with confirmed volume.

Targets

1. Target 1: $32.00

2. Target 2: $34.50

3. Target 3: $38.00

Stop Loss

Stop Loss Level: $28.50 (below support to limit risk).

What’s Next?

1. Bullish Scenario:

If ORDI stays above $29.50 and breaks $30.50, a rally toward $32.00 and beyond is likely.

2. Bearish Scenario:

A fall below $28.50 may lead to further downside—avoid buying at that level.

💡 Tips:

Volume Confirmation: Look for strong buying volume before entering trades above $30.50.

Risk Management: Use a tight stop loss and focus on preserving capital.

ORDI is on the edge—Be ready for a decisive move! 🎯

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