๐ด Short-Selling Signal โ $ORDI #| Score: 33/100 | Low
Spikes in overbought momentum; time to short and profit from the pullback.
Entry: $4.4109 โ $4.3802
Take Profit 1 (30min-4h): $4.2354
Take Profit 2 (1-3d): $4.0159
Take Profit 3 (Swing): $3.7307
Stop Loss: $4.5821
The market is showing clear overbought pressure, with the RSI well above neutral, while the price has formed a series of higher highs and lower lows, indicating bearish divergence. A short-term bearish engulfing candle confirms a shift in momentum. Declining trading volume also supports the weakening trend, while the latest breakout above short-term resistance suggests a potential rebound. Target the next liquidity cluster below the recent swing high, while managing risk carefully.
โ ๏ธ Not financial advice | Do your own research
$ORDI
Spikes in overbought momentum; time to short and profit from the pullback.
Entry: $4.4109 โ $4.3802
Take Profit 1 (30min-4h): $4.2354
Take Profit 2 (1-3d): $4.0159
Take Profit 3 (Swing): $3.7307
Stop Loss: $4.5821
The market is showing clear overbought pressure, with the RSI well above neutral, while the price has formed a series of higher highs and lower lows, indicating bearish divergence. A short-term bearish engulfing candle confirms a shift in momentum. Declining trading volume also supports the weakening trend, while the latest breakout above short-term resistance suggests a potential rebound. Target the next liquidity cluster below the recent swing high, while managing risk carefully.
โ ๏ธ Not financial advice | Do your own research
$ORDI