Early morning ORDI fluctuated upward, surged to around 5.02 then faced resistance and pulled back, currently consolidating in the 4.89 range. 24-hour increase +13.95%, momentum has tapered after the short-term rebound. Moving averages are in a bullish alignment, but short-term moving averages are beginning to turn, indicating slowing upward momentum. The short-term trend is mainly oscillating, with still some technical correction risk.



Trading suggestions:

Main strategy: Focus on shorting high, consider buying low as a supplement

Short positions: Light positions in the 4.90 - 5.20 range, target 4.50 - 4.35, stop loss at 5.40.

Long positions: Consider stabilizing in the 4.35 - 4.50 range before considering, target 4.90 - 5.20, with strict stop loss.

ORDI rebound did not break resistance, high-level oscillation is weak, finally reminding everyone: do not chase highs, emphasize risk control, enter and exit quickly.
ORDI6,36%
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