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ORDI Market Analysis
After a strong rebound to 10.7, the 15-minute cycle shows a clear short-term downtrend, with the price oscillating near the lower Bollinger Band, RSI indicator around 29 in the oversold zone, but no strong reversal signal yet.
Key Levels
Support: 7.00-7.20
Resistance: 8.20-8.50
Trading Advice: Buy within the 7.00-7.20 range, target: 8.20, 8.80, wave range 10-16, stop loss: exit if it falls below 6.80
If the 7.00 level is effectively broken, the market will test 6.50, avoid entering blindly.
Current market conditions require patience, strict adherence to trading discipline, rejection of emotional trading, and waiting for a confirmed trading opportunity.
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