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Market Update: ORDI/USDT - 15min Chart Analysis
ORDI is showing notable bearish pressure today, currently trading at $9.637, marking a -9.32% drop in the last 24 hours on Gate.io.
Key insights:
24h High: $11.072
24h Low: $9.517
Volume: 699.10K ORDI / 7.13M USDT
Moving Averages (15min):
MA5: $9.660
MA10: $9.655
MA30: $9.819
Price action indicates a clear downtrend, with ORDI struggling to break above the shorter-term moving averages. The most recent candles show a slight attempt at recovery but face resistance near MA10 and MA30. Watch closely for a potential reversal or further downside continuation.
Trade responsibly and always use risk management strategies.
#ORDI #Gateio #USDT