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【$ORDI Signal】Pullback to go long / High-level short squeeze game
$ORDI 1H level surges then pulls back, 4H Bollinger upper band pierced at 9.10, price retraces, buying depth imbalance at 12.08% but funding rate at 0.005% not overheated, bulls and bears fiercely exchange in the 9.0-9.2 zone.
If the price can stabilize in the 8.80-9.15 range, it can be seen as a healthy profit-taking, and the bullish defense line remains effective.
⚡Entry: Try going long directly near the current price of 9.15, or place an order at 8.85 for a trap.
🛑Stop loss: 3.647
🚀Target 1: 9.201
🚀Target 2: 9.238
🛡️Trade management: - Execute strategy: After reaching Target 1, reduce position by 50%, and move stop loss to break-even. If the price falls back into the entry zone, exit automatically to protect principal.
1H MACD histogram contracts, momentum slows, but 4H MACD is still expanding strongly. This divergence between short-term exhaustion and long-term strength often signals a secondary surge or deep correction. Current open interest remains stable, no large-scale long liquidation observed, more like a high-level shakeout. Price stays above 1H EMA20 (7.55), structure intact. The risk-reward ratio at this position requires precise entry to offset risk; chasing high is no longer suitable, wait patiently for a pullback or a clear volume breakout of the previous high.
Check real-time market 👇 $ORDI
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