ORDI Short-Term Opportunities: Gathering Momentum, Breakthrough Imminent?
In the tug-of-war between bulls and bears, who will come out on top?
Core Point Analysis, Seize the Trading Opportunity!
Market Analysis
ORDI's current price remains within a narrow range, and the market has entered a low-volatility consolidation phase. From the transaction volume, activity is relatively low, and there is a strong wait-and-see sentiment. Technical indicators show that bearish strength has weakened, while bulls are gradually trying to gain momentum, but the overall trend is still unclear.
Key Support and Resistance Levels
• Support Levels: $25.30, $24.50, $23.80
• Resistance Levels: $26.80, $27.50, $28.20
Short-Term Trading Strategy
1. Long Position Plan
• Entry Point: $25.40
• Add Position Point: $24.70
• Stop Loss Point: $23.70
• Take Profit Targets: $26.60, $27.30, $28.00
2. Short Position Plan
• Entry Point: $26.80
• Add Position Point: $27.50
• Stop Loss Point: $28.30
• Take Profit Targets: $25.30, $24.60, $23.80
My Prediction
From the current trend, there is a possibility of further market rebound, and short-term long positions appear more promising. It is recommended to look for long opportunities near the support levels.
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