$ORDI is down 1.0 percent today and I am passing on it
Volume is sitting at 0.6x the weekly average which means nobody is funding this move
Only 1.5 million in daily volume means size eats you alive and exits get messy
I need an hourly close and hold above 4.7310 before I look twice
Or a clean test and hold at the 4.4820 swing low
It might keep running without us today but a bad entry always costs more than a missed move
Chasing $ORDI here or waiting for 4.4820
#ORDI #RiskManagement
Volume is sitting at 0.6x the weekly average which means nobody is funding this move
Only 1.5 million in daily volume means size eats you alive and exits get messy
I need an hourly close and hold above 4.7310 before I look twice
Or a clean test and hold at the 4.4820 swing low
It might keep running without us today but a bad entry always costs more than a missed move
Chasing $ORDI here or waiting for 4.4820
#ORDI #RiskManagement