$ORDI Next move analysis:

The chart shows the ORDI/USDT trading pair indicators such as EMA (7, 25, 99), Stochastic RSI, and RSI. Here’s a simple analysis for the next potential move:

1. Price and EMA Interaction:

The price is currently hovering near the EMA(7) and EMA(25), indicating a short-term consolidation phase.

A break above EMA(99) (39.24) with volume could signal bullish momentum, targeting resistance near 40.32.

2. Support and Resistance:

Support is visible at 36.31 (24-hour low).

Resistance is around 40.32 (24-hour high). If the price breaches this, it could aim for the 42.30 zone.

3. RSI and Stochastic RSI:

RSI at 56.27 is in a neutral to slightly bullish range, suggesting there’s room for upward movement.

Stochastic RSI near 70 indicates overbought conditions; a correction might occur before another upward attempt.

4. Volume:

Volume levels (7,372.59) indicate moderate activity. A significant increase is needed for strong directional moves.

Likely Scenarios:

Bullish: If the price closes above 39.24 with strong momentum, expect a push toward 40.32 or higher.

Bearish: If the price breaks below 38.00, it may test support at 36.31.