$ORCA is currently at 2.8330, up 26.42% over 24h.
The high and low during this period were 3.2330 / 2.1660, with a trading volume of 40 million USDT.
2.1660 is the key support to watch right now. If it breaks, there are no clear support levels below. To the upside, 3.2330 is the resistance for this move; until the price breaks above it on strong volume, any bounce should be treated as just a bounce.
Liquidity is thin during this time of day, so small orders can easily move the price. Wicks and manipulated price moves are nothing unusual. If you do trade, use limit orders instead of chasing the market, and don't set your stop-loss too tight.
For now, I'll just watch and stay out.
#午夜涨幅榜 #ORCA #币圈 #OvernightMarket
The high and low during this period were 3.2330 / 2.1660, with a trading volume of 40 million USDT.
2.1660 is the key support to watch right now. If it breaks, there are no clear support levels below. To the upside, 3.2330 is the resistance for this move; until the price breaks above it on strong volume, any bounce should be treated as just a bounce.
Liquidity is thin during this time of day, so small orders can easily move the price. Wicks and manipulated price moves are nothing unusual. If you do trade, use limit orders instead of chasing the market, and don't set your stop-loss too tight.
For now, I'll just watch and stay out.
#午夜涨幅榜 #ORCA #币圈 #OvernightMarket