Hereโ€™s a technical and trade outlook for $ORDI /USDT

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๐ŸŸฃ ORDI/USDT Market Snapshot

Current Price: $8.771

24h Change: -1.71%

24h High / Low:

High: $9.101

Low: $8.559

24h Volume:

ORDI: 993,435.17

USDT: $8.77M

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๐Ÿ“Š Technical Overview

MA60: $8.713

โ†’ Price is slightly above MA60, indicating short-term neutral to bullish bias.

Short-Term Moving Averages:

MA(5): 232.06

MA(10): 271.83

Current Volume: 202.92

โ†’ Slight volume contraction, could suggest a pause before next move.

Support & Resistance:

Support: $8.55 (24h low), then $8.30 zone

Resistance: $9.10 (24h high), then $9.50

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๐Ÿ” Trade Outlook

Action Price Range Reason

Entry (Buy) $8.60 โ€“ $8.70 Re-test of support + near MA60

Stop-Loss $8.40 Below current support zone

Take Profit 1 $9.10 24h resistance

Take Profit 2 $9.50 โ€“ $9.80 Potential next supply zone

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๐Ÿง  Insight

Trend: Mild pullback, but still within an overall consolidation range.

Volatility: Moderate; likely setting up for a breakout or further correction depending on broader market momentum.

Bias: Slightly bullish if $8.70 holds, neutral below MA60.

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