🚨 $ORDI SHORT LIQUIDATION ALERT 🚨
Overview:
ORDI witnessed a short liquidation of $6.1886K at $26.72111, reflecting strong buying pressure in the market. If this momentum continues, $ORDI could push higher, presenting a profitable trading opportunity.
Key Levels to Watch:
Buy Zone: $26.50 - $27.00
Target Zone: $28.50, $30.00, $32.00
Stop Loss: $25.50
Next Steps:
1. Entry Point: Look for $ORDI to hold above $26.50. If the price stabilizes in the $26.50 - $27.00 range, this could signal a good buying opportunity.
2. Target Levels:
First Target: $28.50
Second Target: $30.00
Third Target: $32.00
Book profits gradually as ORDI moves toward these levels.
3. Stop Loss: Set your stop loss at $25.50 to protect against unexpected reversals.
Why It’s Bullish:
Short liquidations often lead to forced buying, which can propel the price upward.
ORDI's bounce above $26.72111 indicates strong market demand and potential for further gains.
Reminder:
Monitor volume and price action for confirmation of bullish momentum before entering a position.
Practice strict risk management and only trade within your limits.
Be ready to ride ORDI’s bullish wave for potential profits! 🚀
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