ORDI ANALYSIS

‎ORDI has broken out of a falling wedge and surpassed the local resistance area. It's now retesting that level. If it holds above, a move toward the major resistance zone is likely.

‎However, opening a long here is risky since Bitcoin is currently at resistance—any rejection could drag altcoins, including ORDI, lower.

‎Local Support Area: $7.80–$8.10

‎Major Resistance Area: $10.30–$10.80

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