Technical analysis by Z4F4R about Symbol ORDI: Sell recommendation (6/4/2024)

ORDI rejecting from 4-hrs timeframe resistance, failing to break the trendlineSupport can find $45 to $44 in short timeframeORDI has surpassed resistance in the 4-hour timeframe and is currently trading at $52.40. It is expected to reach above $55, which is a daily resistance level.Target reached $55.38 from my initial post price of $47.60ORDI has hit a weekly resistance at $59, and there is a possibility of a price decline if the volume decreases, with an anticipated range pullback to between $55 and $51.Will ORDI cross this daily resistance and move even further up? or it's ready to fall back to $55 to $50