#ordi
The daily chart shows a long bearish candlestick with a long lower shadow, and the trading volume has decreased by a quarter compared to the previous day. The bearish candlestick has engulfed more than half of the previous day's bullish candlestick, forming a short-term top pattern.
The MA30 line still maintains an upward trend, while the MACD near the zero axis shows weakening upward momentum.
In the short term, there may be a certain rebound, but the overall trend is expected to show a fluctuating downward movement. There will be several neckline support levels ahead, where rebounds may occur, and ultimately a larger level of rebound may be seen near strong support levels.
Currently, there is no risk of a crash, and the extent of the pullback will not be too large, so there is no need to worry excessively. The inscription market is about to arrive, and seizing the opportunity is key.
The pressure levels at the daily level are 43.6, 48, and 51.6, while the support levels are 40.5, 36.5, 34.4, and 32.1.