$ORDI /USDC BEARISH PRESSURE – SUPPORT UNDER TEST
$ORDI /USDC is trading at 2.531, near its 24h low (2.527) after a -5.28% decline. Price is below MA7 (2.566), MA25 (2.581), and MA99 (2.601), confirming short- and mid-term bearish alignment. MACD shows negative momentum (DIF below DEA), indicating sellers are in control. Resistance cluster between 2.566–2.601 continues to cap upward attempts
🔎 Trade Setup
Entry Zone: 2.531 – 2.566 (Weak pullback into MA resistance)
Take Profit 1: 2.507
Take Profit 2: 2.485
Take Profit 3: 2.460
Stop Loss: 2.590
Optimal positioning comes from minor rejections near moving average resistance for stronger risk-to-reward.
📊 Short Market Outlook
Trend shows lower highs with immediate support at 2.527. A break below opens liquidity toward 2.507 and deeper near 2.485. Resistance between 2.566–2.601 remains firm. As long as price trades below MA99 (2.601), bearish bias remains intact.
Momentum favors continuation until bulls reclaim above 2.601.
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