$ORDI: The Coiling is Real! Breakout Imminent? 📈
Entry Strategy: Current Market Price ($39.20 - $40.50) or on a confirmed 4H candle close above the resistance line.
Target 1: $44.80 (Local Resistance)
Target 2: $51.30 (Major Supply Zone)
Stop Loss (SL): $36.90 (Below the recent swing low)
$ORDI is compressing into a very tight range on the 4H timeframe. We are seeing a gradual rise in volume bars, which often indicates smart money accumulation. When price action coils like this, the resulting expansion is usually explosive.
Trade $ORDI on Binance: