4-hour candlestick chart for ORDI/USDT from Binance:

1. Current Price and Trend:

The price is 32.57, with a 3.69% increase in the last 24 hours. The recent candles show a rebound from a low of 29.10, indicating a potential upward momentum.

The 24-hour high and low are 32.57 and 30.67, respectively, suggesting recent resistance at 32.57, which is being tested again.

2. Moving Averages:

The MA(7) (yellow line) is currently at 31.79, and it appears to be below the price, suggesting a short-term bullish signal.

The MA(25) (purple line) is at 33.06, above the price level, which might act as resistance.

The MA(99) (blue line) is at 35.40, well above the current price, indicating the overall trend is still downward, but short-term momentum may be shifting up.

3. MACD:

The MACD line is slightly above the signal line, suggesting a weak bullish crossover, often a sign of potential upward momentum. However, the histogram's small size shows that the momentum isn’t particularly strong yet.

4. Volume:

The volume bars show a recent spike, which usually indicates increased trading interest and could support a continuation of the current upward move if sustained.

5. RSI (14):

The RSI is at 45.83, which is in the neutral range. It’s neither oversold nor overbought, giving room for potential upward movement if buying pressure increases.

Summary

The short-term indicators (like MA(7) and MACD) suggest a potential bullish momentum, although the overall trend remains bearish, as shown by the longer MA(99) line.

If the price can break above the MA(25) level around 33.06, it might aim toward the next resistance near the MA(99) at 35.40.

However, if the price fails to sustain above 32.57, a pullback could be expected, with possible support around the recent low of 29.10.

Keep an eye on the volume and MACD for stronger indications of a trend continuation.