$ORDI
Daily trend: Forming a strong bullish candle with a long upper shadow and a short lower shadow, trading volume is flat compared to the previous day, indicating an upward trend.
Technical indicators:
The MA30 line is starting to flatten, indicating a weakening downtrend.
MACD is close to the zero axis; if today closes with a bullish candle, a golden cross may form.
Short-term outlook: A slight pullback is expected, with a good short-term entry point around the daily MA30 line (approximately 34.9).
Long-term outlook: The market for inscriptions will lag behind Bitcoin; it is recommended to patiently wait for Bitcoin to set a new high.
Key levels:
Resistance levels: 38, 40.2, 42.6
Support levels: 34.9, 32.2, 29.5, 27.6, 25