$ORDI – Bearish Structure Confirmed, Short Setup Active 📉
ENTRY ZONE: $2.27 – $2.32
STOP LOSS: $2.42
**TARGETS:**
🥇 $2.20
🥈 $2.12
🥉 $2.00
🔍 Current Market Context (Feb 24, 2026):
· Current price: $2.25–$2.68 range, down 4-9% in 24h
· 24h high/low: $2.78 / $2.25 — selling pressure building
· 1D technical rating: 15 Sell, 7 Neutral, 3 Buy — bearish dominance
· Moving averages: 13 Sell signals vs 1 Buy — all major MAs above price
· RSI(14): 34.55 — approaching oversold but still bearish momentum
📊 Technical Structure:
· Lower highs & lower lows confirmed — 1H structure textbook bearish
· Rejected from $2.50 area — resistance held firm
· Trading weak below $2.30 — sellers in control
· Selling pressure building — volume supporting downside
· Next support: $2.20 → $2.12 → $2.00
· Critical invalidation: Above $2.42
The Big Question:
"If ORDI Breaks Below $2.25 Support Cleanly, Do You Expect A Fast Drop Toward $2.00 Psychological Level?"
Answer: Yes.
· $2.25 is the last minor support before $2.00
· Breakdown below this level triggers stops and accelerates selling
· $2.00 is psychological — expect liquidity hunt
· Below $2.00 opens deeper downside toward $1.80–$1.50
The Thesis:
Bearish structure intact. Lower highs, lower lows, rejection at resistance. As long as price stays below $2.42, downside path remains open. Break below $2.25 confirms continuation toward $2.00.
Buy and Trade
$ORDI here 👇
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