ORDI Trading Strategy

Market Analysis

Current ORDI price $34.56, 24-hour high $36.87, low $34.00, decrease -3.06%.

4-hour chart shows:

• Moving Average System: MA7 ($35.25) crossed below MA25 ($35.59), forming a death cross, short-term bias is weak.

• MACD Indicator: DIF is running below the 0 line, but a golden cross is starting to show, with slight signs of rebound.

• Trading Volume: Decreased volume, market observation sentiment is strong.

Technical Analysis and Key Levels

• Support Levels: $34.00 / $31.00 / $30.10

• Resistance Levels: $36.67 / $38.90 / $43.23

Short-term Contract Strategy

Long Position Strategy:

• Initial Entry: Around $34.00 (Position 30%)

• Add Position Point: $31.00 (Position 30%)

• Stop Loss Level: $30.10

• Take Profit Targets: $36.67 / $38.90 / $43.23

Short Position Strategy:

• Initial Entry: Around $36.67 (Position 40%)

• Add Position Point: $38.90 (Position 30%)

• Stop Loss Level: $39.50

• Take Profit Targets: $34.00 / $31.00

Although ORDI is under short-term pressure, trading volume is gradually decreasing, and the MACD indicator shows that the downward momentum is weakening. If the price holds the $34.00 support, there is a possibility of a rebound to challenge the $36.67 resistance level. Once a breakout with increased volume occurs, it is expected to further surge to $43.23.

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