$ORDI consolidating but I'm spotting some bounce potential.
Price is chopping around in a tight range after the drop, overall still bearish vibe, but a few signs are hinting at possible short-term relief.
1. Volume: The sell-off to these lows came on pretty heavy volume (e.g., 2.9M on the 4.727-4.687 zone) → looked like some capitulation. But the most recent candles? Volume collapsed to low levels, which often signals the selling is getting exhausted.
2. Capital flows: Mixed bag here. 1H saw net inflow (+828k) but 4H outflow (-2.18M). Short-term positive flows are outweighing longer-term ones for now.
Entry Zone: 4.45-4.50 USDT (Wait for pullback to support)
Stop-Loss: 4.30 USDT (recent swing low)
Targets: Primary: 4.767 USDT
Secondary: 5.157 USDT (resistance)
⛔ Risk Note: Momentum recovery looks strong but still stuck in the broader consolidation range (4.05-4.77). Break below 4.30 invalidates the bullish setup and opens up retest of lower supports.
