ORDI / TetherUS
Updated

ORDI buy/long setup (2H)

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Notice: This coin is highly volatile and somewhat risky—trade with caution.

After a sharp drop, it has formed a ranging zone. As long as no candle closes below the previous low, we can look for buy/long positions in the lower order blocks, as there are sell orders in the swap zone and above, aiming to push the price lower.

Note: Enter positions only within the demand zone, not higher.

Targets are marked on the image.
A daily candle closing below the invalidation level will invalidate this analysis.

Do not enter the position without capital management and stop setting
Comment if you have any questions
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Trade closed manually
Rejected over 16% from the supply zone.

Altcoin conditions suggest further drops, especially since the supply zone has not been cleared.

Our buy setup on ORDI is canceled.

snapshot

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