#ordi​​​ Operational ideas and analysis:

ORDI rebounded from the monthly low of 33 again. The 4-hour golden cross looks stable growth, but the buying volume seems to be low. Despite this, ordi has seen a small increase since yesterday.

In the latest crash, ordi fell nearly 50% in 10 days, pushing the support level down to $33. The price rebounded slightly and showed a slight upward trend.

Although ordi has generated a small increase in the past 24 hours, the pressure level in the 39-40 range has been broken before we can confirm a new bullish trend.

In the short term, the market structure is still unstable. If the new low support level is broken, more declines may be activated in the coming weeks.

Strategy: You can try to open a position at 38, because the 38-38.3 range has strong buying power, or see where the next retracement point is to open a position. If you break through the range pressure level, you can add positions. I have already notified the community to enter at 38. If you don’t want to miss the first information, please check the homepage

Key pressure level: 39-42 range

Main support level: 33.73

$ORDI