$ORDI
/USDT – Meme Coin Momentum 🚀
Current Data:
Price: $35.92
24h High: $36.17
24h Low: $34.00
24h Change: +3.88%
24h Volume:
ORDI: 895,317.87
USDT: 31.41M
Technical Analysis 🔍:
Trend: Bullish, with a solid 3.88% increase over the past 24 hours, and a positive 0.03% uptick recently.
Support: $34.00 – Recent low providing a solid base for potential upward moves.
Resistance: $36.17 – Key resistance level, if broken, could propel the price further.
Momentum: Positive, with the price staying strong near the higher end of the 24h range.
Volume: Moderate, with decent market interest, supporting the current bullish trend.
Trade Strategy 🚀:
Entry Zone 📍:
Buy Zone: Target entries near $35.50 - $35.80, ideally after a slight pullback or consolidation around the support area.
Target Keys 🎯:
1. $36.20 – First resistance target. Take partial profits or set tighter stops here.
2. $37.00 – Secondary target if the bullish momentum continues.
3. $38.00 – Extended target if the price breaks above resistance and sustains upward movement.
Stop-Loss 🚨:
Conservative Stop-Loss: $33.50 (below the recent low to minimize risk).
Aggressive Stop-Loss: $34.50 (tighter stop for better risk control).
Trade Setup ⚙️:
Confirmation Needed: Price should hold above $35.50 and break through $36.17 for continued upward momentum.
Indicators to Watch:
MACD: A bullish crossover would confirm the buying signal.
RSI: A reading above 50 indicates sustained buying pressure.
Volume: Look for volume increases as the price approaches resistance, indicating a potential breakout.
Execution Plan 🎯:
1. Buy: Target $35.50 - $35.80 for entry with confirmation of upward momentum.
2. Take Profit:
First at $36.20
Second at $37.00
Extended target at $38.00 for additional profits.
3. Stop-Loss: Set stop-loss at $33.50 or $34.50 for risk management.
