🚨 $ORDI USDT — Rejection from Highs, Short-Term Weakness 📉
After a massive rally, $ORDI is now facing rejection near the top — early signs of a pullback phase ⚠️
💡 What’s happening?
• Strong impulsive rally → buyers dominated 💪
• Sharp rejection near 9.70 → profit-taking kicked in
• First lower high forming → momentum slowing 📉
• Price still above MA(25), but weakness visible
⚡ Key Levels:
🔹 Resistance: 9.20 – 9.70 (strong supply zone)
🔹 Support: 8.00 – 7.60 (pullback demand zone)
📊 Market Insight:
This looks like a classic post-pump cooling phase.
Not a full trend reversal yet, but a deeper pullback is likely.
🧠 Smart Approach:
• Avoid chasing longs at highs ❌
• Look for short on rejection / lower high ✔️
• Break below 8.00 = stronger bearish move
🔥 Trade Setup (Short Idea):
• Entry: 8.40 – 8.80
• TP1: 8.00
• TP2: 7.60
• TP3: 7.00 📉
• SL: 9.10
🔥 Conclusion:
Bias = short-term bearish pullback 📉
Market cooling after hype rally, caution advised 🧠
$ORDI 📉
S
#USInitialJoblessClaimsBelowForecast #StrategyBTCPurchase #JustinSunVsWLFI