$ORDI is back on its $3.68 floor ๐
~$3.73 now. ~-14% in 7 days, -3.6% today. No headline, just a slow bleed with the rest of the meme board.
$3.682โ3.688 held on Oct 15 and again early today. Third test is next. Volume is drying up and funding is flat, so no squeeze fuel either way.
Wilder RSI(14) 1D ~34 / 4H ~32. Cold, not oversold yet.
My plan:
๐ข Bid $3.65โ3.70 (add $3.58โ3.62)
๐ฏ TP1 $3.90โ3.95 / TP2 $4.10โ4.16
๐ด Out on a 4H close below $3.52
RR from ~$3.675 (risk ~4.5%): ~1.4โ1.7R / ~2.6โ2.9R. With the add (avg ~$3.64): ~2.1โ2.5R / ~3.6โ4.1R.
Counter-trend bounce, so small size. Not chasing $3.73.
Floor holds a third time, or does it crack? ๐
NFA, DYOR.
~$3.73 now. ~-14% in 7 days, -3.6% today. No headline, just a slow bleed with the rest of the meme board.
$3.682โ3.688 held on Oct 15 and again early today. Third test is next. Volume is drying up and funding is flat, so no squeeze fuel either way.
Wilder RSI(14) 1D ~34 / 4H ~32. Cold, not oversold yet.
My plan:
๐ข Bid $3.65โ3.70 (add $3.58โ3.62)
๐ฏ TP1 $3.90โ3.95 / TP2 $4.10โ4.16
๐ด Out on a 4H close below $3.52
RR from ~$3.675 (risk ~4.5%): ~1.4โ1.7R / ~2.6โ2.9R. With the add (avg ~$3.64): ~2.1โ2.5R / ~3.6โ4.1R.
Counter-trend bounce, so small size. Not chasing $3.73.
Floor holds a third time, or does it crack? ๐
NFA, DYOR.