Huang Yu | ORDI/USDT Long Position: The long-term bottom formation has ended, and a volume-driven rally has begun


Market Observation:
The 4-hour chart shows that after a prolonged period of stable consolidation at the bottom, the price recently broke through the sideways range accompanied by significant trading volume. Currently, the price is experiencing a explosive upward move, with multiple long bullish candles, and the K-line is steadily above the moving average system. The moving averages (EMA) show a steep bullish alignment, indicating that the market is in the early stages of a strong trend.

Trading Logic:
Follow the trend after the bottom breakout. Use the consolidation or slight pullback after a sharp rise to set up long positions, targeting higher resistance levels and liquidity zones.

Parameter Settings:

Entry (Entry): Around 8.895 (or enter lightly at the current price).

Stop Loss (SL): 6.466.

Take Profit (TP): 10.765.

Reminder: The cryptocurrency market is highly volatile, especially during periods of high volatility and volume. Be sure to strictly implement stop-losses, control your position size according to your risk tolerance, and protect your profits!
ORDI186,17%
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