ORDI’s trading volume has increased significantly, hinting at a possible breakout. Trading volume surged 98.17% to $166 million, and price recovered 15.40%. Despite the recent bearish trend, the daily chart shows a falling wedge pattern, which is usually a bullish sign. It is currently trading at $30.11, up 43% in 8 days. Key technical indicators such as MACD indicate that a bullish reversal is imminent. The market capitalization is US$632 million. For continued bullishness, ORDI must break above significant resistance levels at $34, $44, $52, $61, and $70. However, it faces potential support at $26, $17, and $9.
Cover theory: The popularity of this coin can be seen in the options market. . If someone pays attention, it will gain popularity! #ORDI