$ORDI

Ordinals (ORDI) is cooking up a bullish reversal setup with a classic falling wedge pattern—perfect timing to watch for a breakout or smart bounce play. Let’s dive into the setup, key levels, and how to trade it wisely!

---

🔍 The Setup: Why You Should Take Notice

Falling Wedge Formation – ORDI has been carving out a downward-converging wedge on the daily chart. That tightening range often signals a reversal is near .

Support Test & Bounce – Price is holding near the wedge’s lower trendline and rebounding—often the final leg before a breakout .

Technical Pattern Strength – The falling wedge is known as a bullish reversal—look for a breakout with rising volume for confirmation .

---

🎯 Key Levels to Monitor

Price Zone Level Role in the Setup

Support Area ~$6.50–$7.10 Lower wedge boundary; bounce here validates the pattern

Invalidation Point $8.47 Above this, wedge breaks fail; pattern negated

Resistance to Watch ~$7.85–$8.50 Upper wedge line / near-term resistance

Upside Target 1 $9.20–$10.50–$11.90 Move projected by wedge height post-breakout

Next Support Zone $6.24 / $5.79–$5.53 Deeper support levels under current base

---

🔄 What Could Happen Next?

1. 🚀 Breakout & Rally

A clear close above the upper wedge (~$7.85–$8.50) with rising volume signals a breakout. First target: $9.20–$10.50, then **$11.90+** .

2. **↻ Bounce & Re-Test**

ORDI may bounce off support near ~$6.50–$7.10 and consolidate before a breakout—look for tighter compression and volume dips.

3. ⚠️ Breakdown Risk

A drop below the lower trendline and $6.50 opens the door for a slide to $5.79–$5.53 support .

---

🛠️ Trade Tips for #BinanceFam

Volume Confirmation – Wait for a volume surge on breakout above $7.85 for confirmation.

Stop Placement – Keep stop-loss just below $6.50 to safeguard against tapering downside.

Targets & Risk – Aim for $9.20 initially, with stretch to $11.90; adjust stops as the trade moves in your favor.

Patience Pays – This pattern compresses stalking two-way trades; wait for clean breakout—not chase early moves .

---

🌍 Broader Context & Credibility

This wedge pattern aligns with MyCryptoParadise and CoreCrypto1’s calls—common in retail setups but requiring discipline .

ORDI’s fundamentals include growing BRC‑20 utility and rising wallet adoption—setting a favorable macro backdrop alongside technicals.

Forecast models vary: CoinCodex sees July trading between $5.73–$8.19, while Binance crowds expect ~$8.27 soon, extending to $10.56 by 2030 .

---

✅ TL;DR

ORDI is forming a bullish falling wedge—next move hinges on breakout above $7.85–$8.50.

✅ Entry: above upper wedge with volume

🛑 Stop: below $6.50

🎯 Targets: $9.20 → $11.90

---

Is ORDI set to break out, or are you waiting for a retest near support? Drop a 🚀 if you’re trading the breakout, or ⏳ if you're standing by—let’s talk strategies! 👇