๐จโก๏ธ $ORDI /USDT ON THE BRINK โ WILL IT RALLY OR SLIDE? โก๏ธ๐จ
ORDI/USDT has experienced a strong recovery from its low of $29.10 but is now facing resistance as it consolidates around $34.82. The market could be preparing for its next big move, with critical levels shaping up on the chart. Letโs break down the targets to keep an eye on.
Current Price: $34.82 USDT
๐ก 3 CRUCIAL TARGET LEVELS TO WATCH: ๐ก
๐ฏ Target 1 - Immediate Resistance: $36.66 USDT
A breakout above this level could signal the start of a renewed bullish momentum. Overcoming this resistance may encourage more buyers, aiming for an upward trend continuation.
๐ฏ Target 2 - Upper Resistance: $37.03 USDT
This level is crucial for confirming a bullish reversal. A break here could indicate a strong uptrend, potentially drawing significant buying interest and sparking a rally.
๐ฏ Target 3 - Key Support: $31.61 USDT
On the downside, this support level is essential to maintain. A dip below could trigger further selling pressure, possibly leading ORDI back towards the recent lows if support fails to hold.
๐ ALL OR NOTHING FOR ORDI โ WHAT'S NEXT? ๐ฎ
โ ๏ธ Bearish Scenario:
Failure to break above $36.66 might lead to a retest of $31.61. If ORDI falls below this level, it could slide deeper, bringing $29.10 back into play as a critical support level.
๐ Bullish Breakout Potential:
However, if ORDI clears $37.03, it could ignite a bullish rally, pushing the price higher as buyers jump in to capture the momentum. This breakout could set the stage for a substantial price increase.
Stay sharp โ ORDI/USDT could make a decisive move soon!
