The daily chart shows a small bullish candle with short upper and lower shadows, and the trading volume is about half of the previous day, which indicates a rebound after a decline.
The daily MA30 line is in a downward trend, the MACD fast line crosses below the zero axis, and the slow line is above the zero axis showing an increasing downward momentum.
After breaking below the upward trend line, the price is currently in a relatively weak rebound trend. As long as Bitcoin does not drop, ORDI will continue to rebound upwards, with the rebound height still in the range of 32.2-33.2 mentioned yesterday.
Daily resistance levels are 33.2-35.5-38-40.2-42.6, and support levels are 29.5-27.6-25.
