ORDIUSDT/ price action analysis(long setup)You're looking at the ORDIUSDT chart. The price has broken out of its downward trend line and established a support zone, marked by the red dashed line. This area might act as a launchpad for the price to climb higher. There's potential for the price to reach the upper black dashed line, which indicates a supply zone around $50-$52. At the moment, the price is moving within the orange ascending channel, with the first target being the channel's upper boundary.
Please keep in mind that this analysis is for informational purposes only. We genuinely welcome any feedback—positive or critical—from traders. The shared text and chart represent personal insights from a financial market enthusiast and are not intended as a basis for trading decisions. I genuinely appreciate any feedback that can help refine my analyses.
Please keep in mind that these observations are purely analytical. Your constructive feedback, whether positive or negative, is always welcome. This chart reflects the perspectives of students and crypto market enthusiasts.
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