A $1.19K LONG liquidation just hit $ORDI at $2.745, flushing leveraged long positions and resetting short-term market structure. This liquidation sweep clears weak hands and often opens a volatility window as price searches for its next direction.
With leverage removed, $ORDI is now trading at a key reaction zone. If buyers step in and defend this level with volume support, $ORDI could attempt a recovery move. Failure to hold may lead to further downside exploration before balance is restored.
Trade Setup
EP: 2.70 – 2.78
TP1: 2.95
TP2: 3.25
TP3: 3.75
SL: 2.58
Post-liquidation moves can be sharp — let price action confirm direction.
#ORDİ #WhenWillBTCRebound #WhenWillBTCRebound #ADPDataDisappoints #JPMorganSaysBTCOverGold
