$ORDI losing structure after the parabolic move and showing clear continuation weakness 👀
Short $ORDI
Entry: 6.20 – 6.8 SL: 7.20
TP1: 5.40 TP2: 5.00 TP3: 4.50 TP4: 4.00
Why: Strong rejection from $10.76 followed by consistent lower highs and heavy sell volume. Price is now below short-term momentum with MA7 acting as resistance. RSI sitting near 40 shows weakness, and MACD has flipped bearish with fading histogram. If 5.70 breaks, downside continuation is very likely as liquidity gets taken below recent lows.
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