$ORDI

ORDI Point Analysis and Bullish/Bearish Direction Forecast

Market Overview

Current Price: $35.21, Change +0.66%

• 24-hour High: $36.17

• 24-hour Low: $34.00

• Trading Volume: 31,616,600 USDT

Technical Indicator Analysis

1. Moving Average System

• MA7 (Short-term): $35.23

• MA25 (Medium-term): $35.41

• MA99 (Long-term): $41.07

Analysis:

• The short-term moving average (MA7) is merging with the medium-term moving average (MA25), indicating a narrow price fluctuation range.

• The long-term moving average (MA99) continues to decline, showing that the overall trend remains bearish.

2. MACD Indicator

• DIF: -0.44

• DEA: -0.63

• MACD Histogram: +0.19

Analysis:

• The MACD histogram has just turned slightly positive, indicating that the bulls have a slight advantage in the short term, but the rebound momentum is weak.

3. Trading Volume

• Trading volume remains low, with a strong market wait-and-see sentiment, and the rebound lacks sufficient volume support.

Key Levels

• Upper Resistance: $36.57 / $38.00

• Lower Support: $34.00 / $31.00

Short-term Contract Strategy

Short Position Strategy:

• Entry Point: Around $35.50

• Add Position Point: $36.00

• Stop Loss: $36.80

• Take Profit Target: $34.00 / $31.00

Long Position Strategy:

• Entry Point: Around $34.00

• Add Position Point: $31.50

• Stop Loss: $30.50

• Take Profit Target: $36.00 / $38.00

Bullish/Bearish Direction Forecast

Currently, the ORDI price is in a narrow fluctuation range, with the short-term MA7 and MA25 moving averages merging, and the MACD showing a slight positive turn. There is a possibility of testing **$36.57 upwards in the short term. However, if it cannot break through the upper resistance level, the rebound may lack strength, and the price may retest the $34.00** support level.

Overall Trend: Short-term fluctuations are slightly weak, and caution is needed for a potential second drop after a weak rebound.

【Welcome to follow, don't get lost. Daily analysis of mainstream cryptocurrencies and popular altcoins will be provided. Wishing everyone prosperity and a prosperous year together!】