$ORDI just dragged the market through a brutal shakeout. Price is now holding at 3.169 USDT, down 13.44 percent in the last 24 hours, and the mood has clearly shifted from confidence to caution.
The session started with strength and printed a 24 hour high at 3.768, but selling pressure slowly took control. Once support weakened, the drop accelerated and panic selling pushed price to a 24 hour low of 3.089. That move flushed liquidity and forced late buyers out of their positions.
Technically the picture remains heavy.
MA7 sits at 3.167, with price barely clinging to it.
MA25 at 3.313 is now firm resistance.
MA99 at 3.535 confirms the broader trend is still tilted downward.
Volume confirms the intensity of the move.
ORDI volume reached 1.07M, while 3.64M USDT flowed through the pair, showing strong participation during the sell off.
At the moment, price is attempting to stabilize above the 3.10 zone. This level is critical. A hold here could invite a short term relief bounce, but failure would expose ORDI to renewed downside pressure.
This is a high tension phase. The market has been shaken, emotions are raw, and the next move will likely be decisive. Volatility remains firmly in control.
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