Price: 6.502 | EMA7: 7.21 | EMA25: 8.14 | RSI14: 31.84 | Resistance: 13.61 | Support: 5.61 | Average Volume: 1372006.27 | Volume Trend: Decreasing
**ORDIUSDT (1D)**
* **Oversold, but bearish momentum persists.** RSI is low, indicating oversold conditions. However, MACD is negative and trending downwards, suggesting continued selling pressure.
* **Support holds, potential for bounce.** 5.61 acts as strong support. Long entry could be considered around this level, with tight stop loss below.
* **Resistance remains strong.** Overcoming 13.61 is a significant hurdle. Short entry could be considered above 7.205 (EMA7), with stop loss above recent highs.
* **Decreasing volume:** Weakens the signal and suggests indecision.
* **Spot buy:** Wait for a clear breakout above resistance or a confirmed bounce from support.
**Note:** This is a brief technical analysis. Always conduct thorough research and consider your risk tolerance before trading.