$ORDI
4H Chart Analysis
Steps:
Structure: $ORDI has established a strong local demand floor and horizontal support zone between $38 and $40, defending a powerful macro trendline.
Breakout and Expansion: The critical development is the decisive breakout above immediate local resistance at $42.50, confirmed by a major influx of four-hour buying volume.
Local Retest: We are now observing a textbook retest as price stabilizes around the old resistance line to confirm the shift.
Indicators: This breakout is validated by a significant volume spike, with the RSI now moving rapidly upwards near 68 (Strong Bullish).
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