$ORDI

ORDI/USDT Analysis for the Next 12 Hours

📊 Current Market Conditions:

Last Price: $9.717 (-4.67%)

Nearest Resistance: $9.85 - $10.00

Nearest Support: $9.62 - $9.50

RSI: 42.54 (Neutral, potential recovery if volume increases)

Stochastic RSI: 85.14 (Approaching overbought, possible selling pressure soon)

MACD: Histogram weakening, potential trend reversal if bullish momentum appears

Volume: Increasing, which could indicate accumulation or a fake breakout

📌 Potential Movements:

1️⃣ Bullish Scenario (If Price Holds Above $9.62):

If ORDI remains above $9.62, it could recover to $9.85 - $10.00.

If it successfully breaks $10.00, the next target is $10.25 - $10.50.

2️⃣ Bearish Scenario (If Price Drops Below $9.62):

If the price fails to stay above $9.62, it may decline to $9.50 - $9.30.

If selling pressure intensifies, the price could correct further to $9.00 - $8.80.

🎯 Entry & Stop Loss Levels:

Entry Buy (Long):

Entry: $9.62 - $9.72

Stop Loss: $9.50

Take Profit:

TP1: $9.85

TP2: $10.00

TP3: $10.25 - $10.50

Entry Sell (Short):

Entry: $9.85 - $10.00 (if rejection occurs)

Stop Loss: $10.10

Take Profit:

TP1: $9.72

TP2: $9.62

TP3: $9.50 - $9.30

🔍 Conclusion:

ORDI/USDT is still in a correction phase, but a recovery is possible if the price holds above $9.62. If bullish momentum enters, the price could rise to $10.00 - $10.50. However, if selling pressure increases, it could drop to $9.50 - $9.30.

Recommendations:

Buy at $9.62 - $9.72, target $10.00 - $10.50, stop loss $9.50.

Sell at $9.85 - $10.00 if rejection occurs, target $9.50 - $9.30, stop loss $10.10.