ordi/Tether
Long

ORDI/USDT — Symmetrical Triangle: A Major Breakout?

51
Currently, ORDI/USDT is consolidating tightly after a prolonged downtrend from the 52.880 peak. The chart is showing a symmetrical triangle, with a descending trendline pressing from above and a rising support line holding from below.

This pattern reflects a compression phase — volatility is narrowing, momentum is being stored, and a major breakout is likely to occur soon.

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🔎 Pattern & Structure Details

Main trend: Long-term bearish since Dec 2024 (consistent lower highs).

Key support zone: 5.61 – 7.00 (highlighted yellow box), tested multiple times since April.

Key resistance zone: Descending trendline + horizontal resistance around 10.298.

Volatility: Shrinking significantly — the price is moving closer to the apex of the triangle, where breakouts usually happen with strong volume.

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🟢 Bullish Scenario

1. Breakout confirmation: Daily close above 10.30 with high volume (clear break of descending trendline).


2. Initial targets: 11.58, then 13.17.


3. Extended targets (mid-term): If momentum continues, possible rally toward 20.43 – 23.38.


4. Risk Management: Place stop-loss below 8.0 or under the retest level in case of a false breakout.

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🔴 Bearish Scenario

1. Breakdown confirmation: Daily close below 7.00 (falling out of the accumulation zone).


2. Initial target: 5.61 support.


3. If 5.61 breaks: Price could extend lower into the 4.0 – 5.0 psychological zone.


4. Risk Management: Stop-loss can be placed above 8.5 – 9.0 to avoid fake breakdowns.

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⚖️ Conclusion

Neutral outlook until breakout: Symmetrical triangles are statistically neutral, but since it formed inside a broader downtrend, bearish continuation probability is slightly higher.

However, a breakout above resistance with strong volume could trigger a trend reversal and bring back mid-term bullish momentum.

Best approach: wait for confirmed breakout (daily close + volume) before taking positions.

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ORDI is consolidating inside a symmetrical triangle. Key support zone: 5.61 – 7.00, key resistance: 10.30. The next breakout will set the direction:

🚀 Bullish: Break above 10.30 → targets 11.58, 13.17, even 20+.

🔻 Bearish: Drop below 7.00 → target 5.61, possibly 4.0.


Volatility is tightening — expect a big move soon. Trade with risk management, avoid FOMO.

#ORDI #ORDIUSDT #Crypto #PriceAction #Breakout #TechnicalAnalysis

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