A new low has appeared at $ORCA 24.
In the last 24h, -4.16%; current price is 2.583, and the previous low was 2.604.
From the structure, a new low means the bulls’ defense has failed. In a rebound, first watch whether it can reclaim the previous low; if it can’t, the weakness will likely continue. If it can reclaim it, there may be a chance to break out of the bottom structure. Are you bullish or bearish?
This is only my personal opinion—please make your own decisions regarding buying and selling.
In the last 24h, -4.16%; current price is 2.583, and the previous low was 2.604.
From the structure, a new low means the bulls’ defense has failed. In a rebound, first watch whether it can reclaim the previous low; if it can’t, the weakness will likely continue. If it can reclaim it, there may be a chance to break out of the bottom structure. Are you bullish or bearish?
This is only my personal opinion—please make your own decisions regarding buying and selling.