ORDI is showing a bullish breakout across the 15M, 1H and 4H charts. Price has pushed above $4.20 after breaking the previous $3.57–$3.70 structure, while volume has expanded sharply. MACD remains bullish, confirming strong buyer momentum.
However, ORDI is now trading above the upper Bollinger Bands, showing the move is stretched. Resistance sits around $4.27–$4.32. A clean breakout and hold above this zone could open the door toward $4.50.
For me, the better long opportunity is a controlled retest rather than chasing the spike. $4.06–$4.10 is key support, followed by $3.90 and $3.70. If $4.06 holds, bulls remain in control. A sustained break below it could trigger a correction.!!
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