ORDI has pushed back into a key resistance zone after a prolonged range.
Price briefly broke above resistance but failed to hold, showing signs of a possible deviation rather than a clean breakout.
This level is now critical:
Hold above resistance → acceptance and continuation higher
Failure to hold → rejection back into the range, potentially towards support
This area will decide whether this move has real strength or was simply a liquidity sweep.
Will the breakout hold and continue, or will resistance step in again?
MrC
Price briefly broke above resistance but failed to hold, showing signs of a possible deviation rather than a clean breakout.
This level is now critical:
Hold above resistance → acceptance and continuation higher
Failure to hold → rejection back into the range, potentially towards support
This area will decide whether this move has real strength or was simply a liquidity sweep.
Will the breakout hold and continue, or will resistance step in again?
MrC
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.