🚨 $ORDI Drops to $30.12 – Consolidation or Deeper Correction?
ORDI
27.87
+1.19%
$ORDI is currently trading at $30.12, facing an 11.54% drop in the past 24 hours. The price retraced from its daily high of $34.14 and briefly tested its 24-hour low of $28.88 before stabilizing near current levels. The RSI stands at 54.67, signaling neutral momentum, while the MACD shows early signs of a potential bullish crossover, hinting at a possible recovery.
ORDI’s ability to hold above its support zone at $28.88 will be critical for a reversal attempt. A push above the immediate resistance near $31.95 could attract buyers and drive momentum upward. However, a breakdown below support may trigger further downside pressure. Traders should monitor the next move closely as volume trends may offer clarity.