#ORDI $ORDI ORDI Today's Market Analysis
The current 1-hour chart has shown purple signal points, indicating that the market is entering a correction phase. In the 2-hour and 4-hour time frames, the bearish forces have clearly gained the upper hand, and the market has reached key price levels. Please pay special attention to the long-short conversion area on the 4-hour chart, which is roughly located near 29.645. If the price can effectively stand at this support level, the 4-hour chart is expected to usher in a rebound, and the initial rebound target can be locked at prices near 30.469, 33.259 and 34.147. Follow-up exchanges that need to analyze the copycat points 𡝗Search 👉 Public/Number: Encrypted Riding the Wind
On the contrary, if the price falls below the long-short dividing line, the potential support levels below are 28.250, 27.489 and 25.841 respectively. It is worth noting that if the above support prices are not touched and broken during the correction process, a light position strategy can be considered to enter the market. Friends, please seize the opportunity and keep a cautious attitude!
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