$ORDI
4H Structure.
Range-bound since the June drop. Price coiling under the 25 & 99 MA cluster. Low volatility squeeze in play.
We have a clean sweep of the 3.09 lows. That was the fuel. Momentum shift confirmed by the 12% rebound. Breakout risk is high.
Immediate resistance is the 3.63 high. A clear flip of this level opens the trapdoor for a rapid expansion to the upside.
• Entry Zone: 3.58 - 3.63 (Breakout confirmation)
• TP1: 3.85
• TP2: 4.20
• TP3: 4.60
• Stop-Loss: 3.30 (Below the recent structure low)
Patience. Price needs to hold the 3.40 handle for continuation. If it fails, the range lows become a magnet.
#ORDIUSDT #WriteToEarnUpgrade
4H Structure.
Range-bound since the June drop. Price coiling under the 25 & 99 MA cluster. Low volatility squeeze in play.
We have a clean sweep of the 3.09 lows. That was the fuel. Momentum shift confirmed by the 12% rebound. Breakout risk is high.
Immediate resistance is the 3.63 high. A clear flip of this level opens the trapdoor for a rapid expansion to the upside.
• Entry Zone: 3.58 - 3.63 (Breakout confirmation)
• TP1: 3.85
• TP2: 4.20
• TP3: 4.60
• Stop-Loss: 3.30 (Below the recent structure low)
Patience. Price needs to hold the 3.40 handle for continuation. If it fails, the range lows become a magnet.
#ORDIUSDT #WriteToEarnUpgrade