Liquidation Alert!
$ORDI Longs Wiped Out!
Total Liquidation: $151,000
Price Trigger: $38.01
The market just turned on the bulls! A large long liquidation at $38.01 signals a swift reversal, and the bears are starting to take charge.
What’s the Outlook?
• Bearish Trend:
A break below $37.50 could lead to further downside, with $35.00 as the next key level.
• Potential Rebound:
Look for support near $36.00 to see if bulls can regain control.
Caution:
The current shift in momentum suggests caution, as a further pullback is likely.
Keep an eye on the trend and manage risk closely, as volatility is high!
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