$ORDI the price executed a vertical impulse from the consolidation zone at 2.930, reaching 4.364 in a single high-volatility candle.
Currently it is trading at 3.821, above the three EMAs (7, 25, 99), with MACD positive and expanding, and RSI(6) at 69.9, still without extreme overbought conditions.
The structure shows a pullback from the impulse’s high, looking for digestion around the EMA7 at 3.654.
If the price holds this dynamic support, the next move will likely resume buying pressure.
Invalidation below 3.283 (EMA99).
Does the impulse have continuation, or is it a bullish trap?
#ORDİ #bitcoinordinals #CryptoMomentumWave
Currently it is trading at 3.821, above the three EMAs (7, 25, 99), with MACD positive and expanding, and RSI(6) at 69.9, still without extreme overbought conditions.
The structure shows a pullback from the impulse’s high, looking for digestion around the EMA7 at 3.654.
If the price holds this dynamic support, the next move will likely resume buying pressure.
Invalidation below 3.283 (EMA99).
Does the impulse have continuation, or is it a bullish trap?
#ORDİ #bitcoinordinals #CryptoMomentumWave