🔴 $ORDI I Bearish Alert 📉
A $3.8564K long liquidation at $3.71847 signals that leveraged bulls have been forced out, adding short-term selling pressure. The liquidation level around $3.71847 now acts as a key resistance zone until buyers reclaim it with strength.
💰 Entry Zone: $3.70–$3.72 (on rejection)
🎯 Targets: $3.62 → $3.55 → $3.45
🛑 Stop Loss: Above $3.80
📍 Support: $3.62–$3.55
📍 Resistance: $3.71847–$3.80
As long as ORDI remains below $3.71847, sellers are likely to maintain pressure, targeting $3.62 first and $3.55 next. A decisive breakdown below support could extend losses toward $3.45, while a sustained recovery above $3.80 would invalidate the bearish setup and increase the probability of a short-term rebound.
Strength Rating: ⭐⭐⭐☆☆ (3/5 Bearish) — A $3.8564K long liquidation indicates moderate selling pressure and supports short-term downside unless buyers reclaim the liquidation zone
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