The recent coin with high volume $ORCA
Here are analysis
Fundamental Analysis:
The circulation supply of coin is 53.28M out of total supply is 100M.Recently decrease in money flow and holdings of coin increase prices upto 70%.But bears now active and start selling their holding coins.
📈Technical Analysis:
3.100 is recently created swing high which is also a supply level On higher time frame 4H and get rejection from it.
On lower time frame 5Min it form a resistance level and support level.
🔑key levels:
✅Support 2.600 On 15Min time frame
✅Resistance 3.00 on 15Min time frame
📈Trade setup:
The trade set up best for Short is when it breaks 2.600 level on 15Min time frame and close below this level
🎯 target will be 2.00
🟢entry price 2.600
🔴stop loss will be according to ur risk
🚨Risk Management
Take trade according to your risk management must use stop loss and let's see what happens...🤑