๐ดmarket analysis for $ORDI /USDT based on your 4H and 15M charts:
#ellonmask_comeback_for_new_era
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๐ ORDI/USDT Technical Analysis
๐ Timeframes Reviewed:
โฑ 4H Chart: Mid-term market structure
โฑ 15M Chart: Immediate short-term momentum
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๐ 4H Timeframe Breakdown
โ Current Price: $8.405
Recent Low: $7.777
Current Recovery Bounce in Progress
๐ Previous Trend: Strong Downtrend
Price dropped from ~$11.97 to $7.77
Formed a rounded bottom pattern with potential reversal
๐ Indicators:
RSI(6): 50.44 โ Neutral, potential to push higher
Parabolic SAR: Dots just flipping below price = early bullish signal
Bollinger Bands: Price curling upward from lower band
๐ผ Key Levels:
Support: $7.77 / $7.94
Resistance: $8.68 โ Needs breakout to continue bullish move
Next major resistance: $9.45
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โฑ 15M Chart Breakdown (Short-Term)
โ Current Move:
Price rebounded sharply from $7.77 to $8.40
Currently consolidating and trying to break micro-structure
๐ Indicators:
RSI(6): 80.86 โ Overbought (watch for short-term pullback)
Parabolic SAR: Bullish
Bollinger Bands: Expanding, price pushing upper band = strong pressure
๐ Short-Term Bias:
Likely to test resistance near $8.50โ$8.65
Needs cooling โ a pullback to $8.18 zone is healthy
Above $8.70 = strong breakout continuation
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๐ฏ Entry Strategy Ideas
๐ข Long Entry:
โ Ideal pullback buy zone: $8.18โ$8.28
โ ๏ธ Safer re-entry: On breakout above $8.70
SL: $7.90
TP: $8.88 / $9.40 / $9.95
๐ด Short Setup (Aggressive):
Enter only if price fails to break $8.70 and RSI rolls over
Short zone: $8.65โ$8.75 (high risk)
SL: $8.80+
TP: $8.20 / $7.95
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๐ง Overall Market Sentiment:
4H bias shifting bullish
15M overbought but still strong
If ORDI holds above $8.00, it has a solid chance to continue recovery toward $9.00+
