【$ORDI Signal】Short squeeze pullback, sniper for the second pulse

$ORDI 1H level surge and sideways movement, RSI drops from a high of 85.17, 4H Bollinger Band upper band pierced, price consolidates. MACD 1H histogram contracts, but 4H remains in strong expansion. Market depth shows buy orders 21% thicker than sell orders, funding rate -0.0337%, bears are still paying the fee.

Price fluctuates around 4.456, bulls have not collapsed. Such sideways movement under negative funding rate often indicates accumulation of bearish fuel.

🎯Direction: Pullback to go long

⚡Entry: Enter directly near current price 4.456, or place a pending order at 4.434 for ambush.

🛑Stop loss: 2.625

🚀Target 1: 4.461

🚀Target 2: 4.478

🛡️Trade management: - Execute strategy: Half position at Target 1, remaining position's stop loss moved up to entry price. If price cannot quickly break away from the cost zone, consider actively exiting.

1H level of shrinking consolidation has digested some overbought pressure. The EMA20 and EMA50 on 4H are widely separated, trend inertia remains. Key is whether buy orders can form effective support above 4.35; in a negative funding environment, short covering could trigger the next upward push. Stable open interest indicates no large-scale capitulation, making the odds of continuing the bullish trend more favorable under this structure.

Check real-time market 👇 $ORDI
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