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$ORDI The decline has halted and stabilized, a new round of opportunity is brewing!
Today, I will analyze the latest trend of ORDI. From the 1-hour chart, it has already shown very clear signs of a bottoming out.
Looking at the market, after ORDI retraced to around 4.2, it quickly stabilized. The lowest point within 24 hours was 4.247, but it was strongly pulled back, indicating very strong support below. Currently, the price has re-claimed the 25-hour moving average and is also supported near the 7-hour moving average, forming a typical "volume contraction bottoming + moving average turning" reversal pattern.
In terms of trading volume, the downward momentum has already significantly weakened. The volume bars continue to shrink, indicating selling pressure has been released, and bullish forces are quietly flowing back. From the overall trend, the previous upward trend line remains intact. This correction looks more like a healthy shakeout rather than a trend reversal.
As the leader in the BRC20 track, ORDI itself has very strong market consensus and capital attention. Once it stabilizes, it can easily trigger a second wave of capital inflow. Currently, whether from risk-reward ratio or technical pattern, this is a very good observation window.
I know many friends are still hesitating whether to enter the market, afraid of buying and falling or selling and rising. Actually, the core of trading is to follow the trend. Now that ORDI has shown signs of bottoming out, every subsequent retracement is an opportunity for low-cost entry.
Click below for trading $ORDI ๐