Trading Plan Short $ORDI
$ORDI is showing distribution risk after failing to reclaim the 1H EMA21.
Entry: $4.18-$4.27
Stoploss: $4.38
Targets: $4.10 / $3.85 / $3.50
ORDI got stuffed at 4.228 resistance, sellers soaking bids on the 1H. Price consolidated sideways while OI bled 1.5% in 24h, classic distribution for smart money. Taker sell volume dominates, pushing price into the lower Bollinger Band. Top traders are heavily long, setting up a clean flush. Reclaim 4.38, short voided.
Trade $ORDI here 👇
$ORDI is showing distribution risk after failing to reclaim the 1H EMA21.
Entry: $4.18-$4.27
Stoploss: $4.38
Targets: $4.10 / $3.85 / $3.50
ORDI got stuffed at 4.228 resistance, sellers soaking bids on the 1H. Price consolidated sideways while OI bled 1.5% in 24h, classic distribution for smart money. Taker sell volume dominates, pushing price into the lower Bollinger Band. Top traders are heavily long, setting up a clean flush. Reclaim 4.38, short voided.
Trade $ORDI here 👇
