【$ORDI Signal】Short squeeze pullback, sniper for a second surge

$ORDI 1H RSI skyrocketed to 85, 4H level even hit 94, buying power is severely overextended. The 1H MACD histogram begins to shrink, bullish momentum wanes. But market depth shows buy orders are still 21% thicker than sell orders, indicating clear capital support. The negative funding rate of -0.0337% suggests shorts are being squeezed, and in this environment, prices remain stubborn at high levels, a typical short squeeze buildup.

🎯Direction: Pullback to go long

⚡Entry/Order: Set a trap around 3.95

🛑Stop loss: 2.625

🚀Target 1: 4.461

🚀Target 2: 4.478

🛡️Trade management:
- Execution strategy: Reduce 50% of position after reaching Target 1, and move stop loss to breakeven. If price falls back to entry level, exit automatically to protect capital.

Current position volume remains stable, with no signs of profit-taking collapse. The upper band of the 4-hour Bollinger Bands has been significantly broken, and the price is operating in a hot zone, making chasing high very risky. A more prudent strategy is to wait for a healthy pullback to digest overbought pressure. The 1-hour EMA50 at 3.07 and EMA20 at 3.58 are potential support zones for a pullback. Combined with market depth, when the price drops to the 3.95-4.0 range, bullish funds may re-enter to push higher. The risk-reward ratio at current levels is not ideal; patience is needed for better market prices.

Check real-time quotes 👇 $ORDI
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