$ORDI 🟢 TP1: $8.53 → 🟢 $9.00

💱 Market & Technical Landscape

Recent Price Performance & Drivers

ORDI is highly correlated with Bitcoin (BTC), often moving 2–3× the daily swings of BTC. Its recent decline (~5.93% to ~$8.36) stems from BTC weakness, a technical breakdown, and cooling activity in the Ordinals ecosystem.

Bulls would need Bitcoin to regain strength (especially reclaim $120K) and signal renewed interest in Ordinals activity.

Bears remain in control unless ORDI breaks resistance convincingly and shows sustained bullish volume.

Conclusion: ORDI could reach $10.00—but only if broader crypto sentiment improves and technical resistance is broken convincingly.

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