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$ORDI The sharp decline after hitting 6.45 has really worn out the chasing buyers.
Currently, the price is fluctuating around 5.71, and in the short term, it’s indeed a bit weak, with the focus shifting downward. But fortunately, the middle band of the Bollinger at 5.5 still holds relatively steady, and this wave of correction is more like a “detox” after a big rally, washing out the floating positions that chased above 6.0.
My logic:
1. Keep the core position at 5.2: holding the cost advantage, stay calm. As long as the 5.5 critical line isn’t broken, I will continue to hold the pattern.
2. Move the stop-loss up: set the defensive position directly at 5.5. If it drops with volume below that, it indicates the market is turning bad, and retreating is non-negotiable.
3. Don’t rush to add positions: adding now is like catching a flying knife. Wait for a rebound to 5.5 and stabilize, or wait for a volume surge to break through the 6.0 resistance.
In this circle, the more intense the shakeout, the stronger the rally. As long as ORDI doesn’t fall below 5.5, the next wave is still aiming for 7.0. Stay calm, watch the key levels, and don’t be fooled by short-term fluctuations. Making money depends on patience and discipline.
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