$ORDI early accumulation after massive expansion continuation setup building.
🤑LONG $ORDI
Entry Zone: 5.80 - 6.00
Stop Loss: 5.20
Target 1: 8.50
Target 2: 12.00
Target 3: 20.00
Ordi has gone through a strong expansion phase followed by a deep correction, and is now showing signs of stabilization near the base. Price compression after such a move often leads to another impulsive leg if buyers step back in.
As long as 5.20 remains protected, the bullish thesis stays intact. A reclaim and hold above 6.50-7.00 can trigger momentum toward 8.50. Ordi has gone through a strong expansion phase followed by a deep correction, and is now showing signs of stabilization near the base. Price compression after such a move often leads to another impulsive leg if buyers step back in.
As long as 5.20 remains protected, the bullish thesis stays intact. A reclaim and hold above 6.50-7.00 can trigger momentum toward 8.50. If continuation kicks in, 12.00 becomes the next major resistance, with 20.00 acting as a high-timeframe expansion target.
A breakdown and acceptance below 5.20 would invalidate the long setup.
A big short liquidation of $5.0286K just happened at $0.0527 - this could spark a strong price reversal! GUN might be ready for a bullish move. If momentum builds, we could see a breakout soon.
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