#ordi

Analysis of ORDI/USDT Movement

Shows that the currency is in a consolidation phase after a strong decline, here are the potential targets if the rise continues:

Upward Targets (Based on Previous Resistance Levels):

1. First Target: 9.20 - A resistance level close to the current price.

2. Second Target: 12.00 - A previous small peak that may act as resistance.

3. Third Target: 17.80 - Average buying price

4. Fourth Target: 21.15 - A clear resistance level.

5. Long-term Target: 41.00 then 61.00 in case of a very strong upward wave.

Notes:

The suggested stop loss is below 5.50.

Confirmation of the rise is achieved by a clear breakout of the 25 average

Weak momentum currently, so it's better to buy after confirmations (bullish engulfing candle or breaking resistance).