Trading Plan Short $ORDI
$ORDI rejected the 4.145 resistance after a tight range, showing distribution risk.
Entry: $4.12-$4.18
Stoploss: $4.29
Targets: $4.01 / $3.85 / $3.65
ORDI is printing a lower high against the 4.145 resistance, with sellers clearly aggressive as taker sell volume dominates. The 1H EMA21 and EMA50 are acting as dynamic resistance just above current price, confirming the sideways grind. Top traders are heavily long, creating a crowded setup for a liquidity flush if this range breaks down. Lose $4.29, short thesis is voided.
Trade $ORDI here 👇
$ORDI rejected the 4.145 resistance after a tight range, showing distribution risk.
Entry: $4.12-$4.18
Stoploss: $4.29
Targets: $4.01 / $3.85 / $3.65
ORDI is printing a lower high against the 4.145 resistance, with sellers clearly aggressive as taker sell volume dominates. The 1H EMA21 and EMA50 are acting as dynamic resistance just above current price, confirming the sideways grind. Top traders are heavily long, creating a crowded setup for a liquidity flush if this range breaks down. Lose $4.29, short thesis is voided.
Trade $ORDI here 👇
