- ORDI/USDT shows months-long descending channels with weakening selling pressure.
- The recent breakout pushes ORDI/USDT above $5.10 — 5.25, forming a new higher base.
- Market cap expands from $90M to $120M, confirming renewed bullish momentum.
ORDI/USDT chart analysis indicates a prolonged downtrend may be ending as price tests key resistance levels, forming a potential bullish reversal. Traders are watching consolidation near $5.10–5.25 for confirm
Long-Term Compression and Bear Exhaustion
ORDI/USDT has been trending lower inside a descending channel since late 2024, showing a series of lower highs and lower lows. The upper trendline has consistently capped rallies, acting as strong dynamic resistance.
Price has repeatedly failed to break above this trendline, confirming persistent downward pressure. On the lower side, price has respected a shallow rising base for months.
This shows that selling pressure has been weakening over time rather than accelerating. Multiple attempts by sellers to push ORDI/USDT lower did not produce substantial new lows, suggesting the bears are losing control.
The current compression between a declining ceiling and a stabilizing floor has created a tightly coiled structure. Traders often consider this pattern as a precursor to a strong breakout once momentum shifts.
The potential target area ranges between $18 and $23 if the trendline is broken decisively.
Recent Price Momentum and Range Expansion
In the past week, the ORDI/USDT price traded in a narrow range around $4.40–$4.60, reflecting market indecision. Attempts to move lower toward $4.30 were met with buying support, showing demand under the surface.
Price behavior changed sharply around January 13, breaking out of the range with vertical momentum. This breakout quickly passed previous resistance levels, indicating strong buying pressure and renewed attention.
Volume increased alongside the move, confirming participation from larger market players rather than retail activity alone. After reaching a peak near $5.70, price pulled back slightly to stabilize around $5.10–$5.25.
This stabilization is constructive, as the market is defending gains rather than collapsing. Former resistance levels near $4.80–$5.00 now act as potential support for the new short-term bullish trend.
Market Cap Expansion Confirms Bullish Shift
ORDI’s market cap spent most of the past month oscillating between $80M and $100M, showing a period of consolidation and quiet accumulation. Lower dips were absorbed quickly, suggesting sustained underlying demand.
A sharp expansion occurred in the final days, with market cap rising from $90M to nearly $120M. The speed and slope of this move indicate active inflows rather than gradual accumulation.
Volume increased during this period, validating the strength of the upward momentum. After peaking, market cap retraced modestly but held above $105–110M.
Maintaining this higher level is critical for sustaining momentum and supporting potential continuation above the $100M psychological mark. The elevated base increases the likelihood that bullish trends may extend if price continues defending these levels.
