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ORDI overall shows a situation where bullish and bearish forces are in intensified contention. After a morning spike upward, it clearly met with sell pressure, and the price gradually pulled back and consolidated❗️
📊 Market Overview:
In the afternoon, the market opened with a brief surge, reached the intraday high, and then quickly fell back, with bullish momentum noticeably weakening.
Trading volume increased compared with the morning, but the price dropped and volume rose, indicating heavier sell pressure above and profits taking concentrated exits.
The price repeatedly wrestles near the key support level; the bulls and bears are fighting fiercely, and short-term volatility increases.
The resistance zone above at $5.20 is a strong pressure area, and breaking through is quite difficult! In the short term, watch the support level at $4.35 support closely; if it breaks, it will open up further room for a pullback.$ORDI #加密市场小幅下跌