$ORCA
ORCA is showing rejection near the recent local high after a strong upside move. Price is struggling to hold above the 3.00 area, while the 3.20–3.30 zone remains a major resistance region.
EP: 2.93–2.98
TP1: 2.85
TP2: 2.72
TP3: 2.63
SL: 3.25
Reason:
The move looks stretched after the sharp rally, and rejection near the recent high increases the chance of a corrective move. A clean loss of 2.93 can strengthen bearish momentum toward the lower targets.
Tip:
Avoid chasing the short if ORCA reclaims 3.00 with strong volume. Wait for confirmation around the entry zone and keep the stop-loss respected.
Let’s go $ORCA
$NMR
ORCA is showing rejection near the recent local high after a strong upside move. Price is struggling to hold above the 3.00 area, while the 3.20–3.30 zone remains a major resistance region.
EP: 2.93–2.98
TP1: 2.85
TP2: 2.72
TP3: 2.63
SL: 3.25
Reason:
The move looks stretched after the sharp rally, and rejection near the recent high increases the chance of a corrective move. A clean loss of 2.93 can strengthen bearish momentum toward the lower targets.
Tip:
Avoid chasing the short if ORCA reclaims 3.00 with strong volume. Wait for confirmation around the entry zone and keep the stop-loss respected.
Let’s go $ORCA
$NMR
