$ORDI is back on its $3.68 floor đ
~$3.73 now. ~-14% in 7 days, -3.6% today. No headline, just a slow bleed with the rest of the meme board.
$3.682â3.688 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:
đą Bid $3.65â3.70 (add $3.58â3.62)
đŻ TP1 $3.90â3.95 / TP2 $4.10â4.16
đŽ Out on a 4H close below $3.52
RR from ~$3.675 (risk ~4.5%): ~1.4â1.7R / ~2.6â2.9R. With the add (avg ~$3.64): ~2.1â2.5R / ~3.6â4.1R.
Counter-trend bounce, so small size. Not chasing $3.73.
Floor holds a third time, or does it crack? đ
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.
$3.682â3.688 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:
đą Bid $3.65â3.70 (add $3.58â3.62)
đŻ TP1 $3.90â3.95 / TP2 $4.10â4.16
đŽ Out on a 4H close below $3.52
RR from ~$3.675 (risk ~4.5%): ~1.4â1.7R / ~2.6â2.9R. With the add (avg ~$3.64): ~2.1â2.5R / ~3.6â4.1R.
Counter-trend bounce, so small size. Not chasing $3.73.
Floor holds a third time, or does it crack? đ
NFA, DYOR.