Thoughts on #ORDI
$ORDI is consolidating inside a descending triangle on the 4-hour timeframe, facing continuous rejections from the upper trendline resistance and the 55 EMA (~$3.704). $ODRI remains pinned below heavy overhead dynamic resistance, with the EMAs capping upward momentum while testing the flat $3.500–$3.550 demand base.
Long $ORDI only when it flips the trendline resistance and the 55 EMA into a support.
$ORDI is consolidating inside a descending triangle on the 4-hour timeframe, facing continuous rejections from the upper trendline resistance and the 55 EMA (~$3.704). $ODRI remains pinned below heavy overhead dynamic resistance, with the EMAs capping upward momentum while testing the flat $3.500–$3.550 demand base.
Long $ORDI only when it flips the trendline resistance and the 55 EMA into a support.
