【ORDI】Clinton Daily Analysis June 25

24-hour trend [down]

【Buy and sell points】

Buy point 1: 35 USDT (close to the previous low, and there is support at the integer level)

Buy point 2: 33 USDT (further down to a stronger support level, and also near the recent lowest point)

Long stop loss point: 32 USDT (break through the previous low, confirm that the trend continues to go down)

Sell point 1: 39 USDT (close to the previous high, there is a possibility of greater selling pressure)

Sell point 2: 41 USDT (after breaking through the previous high, the next important pressure level)

Short stop loss point: 42 USDT (break through the previous high, confirm the trend reversal)

【Price trend analysis】

K-line pattern:

The recent K-line shows a clear downward trend, especially the sharp correction starting from June 13. A small positive line appeared on June 25, but the overall situation is still fluctuating at a low level.

Technical indicators:

MACD: The MACD histogram continues to be in the negative area, and both DIF and DEA diverge downward, indicating that the short-selling force is strong. RSI: RSI is currently 35.564, close to the oversold range, but has not yet entered the extreme oversold state, and there may be a rebound demand. EMA: The price has fallen below EMA7, EMA30 and EMA120, and the short-term, medium-term and long-term moving averages are all in a bearish arrangement, showing a strong downward trend.

Volume:

The trading volume increased significantly on June 24, reaching 123790472, indicating a lot of selling pressure. The trading volume on June 25 decreased to 60739845, but it was still above the average level, and the market sentiment was still cautious. $ORDI

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