Yello, Paradisers! ORDIUSDT is showing signs of bullish momentum, thanks to a recent W pattern formation. But is this the start of something big?
đFor this bullish setup to be confirmed, we need to see a decisive breakout above the resistive trendline and resistance zone. A successful breakout, with a candle close above these levels, could trigger a wave of short liquidations, pushing the price even higher.
đHowever, if the price pulls back from current levels, a bounce off the support zone could offer a scalping opportunityâbut I wouldn't recommend it. This setup has a low probability of success and doesn't align with our high-standard trading strategies.
đOn the flip side, if the price breaks down and closes below the support zone, it would invalidate our bullish thesis entirely.
đStay disciplined, Paradisers. The market is full of traps, but with a strategic approach, you'll navigate it like a pro.
MyCryptoParadise
iFeel the successđŽ
