The daily line is a small bullish line with a long lower shadow, and the trading volume is 80% of the previous day. The price has returned above the upward trend line of the daily line.
The daily MA30 line maintains an upward trend, and the MACD shows a weakening downward momentum above the zero axis.
After the daily line once again tested the support of the MA30 line, a rapid rebound trend formed, and the price has returned to the previous consolidation range, where a slight adjustment will occur before another upward trend, provided that Bitcoin does not drop.
The trend of ORDI is much more attractive than that of SATS, and the indicator formation is also high. If there are two bullish daily lines, the MACD will golden cross upwards, driving the price to continue rising.
Looking forward to ORDI becoming the leading stock for inscriptions, it is still worth buying on dips.
Daily level resistance points are 39.7-42.5-46.6-51.3-55.6, and support points are 36-33.5-31.7-29.2-26.5
