ORDI analysis:
The price has broken out of the falling wedge pattern and surpassed the local resistance area. It is currently retesting this level, and if it can maintain its position above it, we could see a move toward the major resistance area. However, opening a long position at this point carries some risk because Bitcoin is at resistance. If we experience a rejection, alts may suffer further losses.
Local Support Area: $7.80-$8.10
Major Resistance Area: $10.30-$10.80