$ORDI

The long liquidation around $3.06824 reflects a sharp downside sweep that removed overleveraged buyers and reset short-term momentum. Price is now attempting to stabilize above a key demand zone near $2.95, which has historically attracted quick buying reactions. As long as this support holds, a corrective bounce toward immediate resistance at $3.22 is likely, followed by a stronger upside push toward the next target around $3.45 where prior selling pressure increased. Selling momentum appears to be weakening after the flush, often a signal of temporary market bottoming. However, a break below $2.95 could trigger another liquidity grab toward $2.75 before stronger buyers step in. Overall structure leans toward a short-term recovery phase following the liquidation reset. $ORDI ‌