$ORCA made a massive 237% move in just 54 days ๐ฅ
It got rejected from $3.329 and pulled back toward $2.70. Currently, price is hovering around $2.90.
The key levels Iโm watching:
Short-term support: $2.70
Strong support: $2.30โ$2.40
Resistance: $3.50โ$3.60
I think $3.50โ$3.60 could be tested if buyers continue building strength.
Before the next big leg up, Iโd like to see a healthy consolidation around $3.00โ$3.30. If ORCA builds a strong structure here and finally breaks the $3.50โ$3.60 resistance, we could see a strong price reaction toward $4.00, $4.20, $4.50
The recent high also needs to be broken with strong volume and follow-through. A clean breakout + consolidation above resistance would make the next expansion much more interesting.
Definitely keep #ORCA on your watchlist ๐
For long positions, I would recommend dca entries at support zones and stoploss at 2.25
It got rejected from $3.329 and pulled back toward $2.70. Currently, price is hovering around $2.90.
The key levels Iโm watching:
Short-term support: $2.70
Strong support: $2.30โ$2.40
Resistance: $3.50โ$3.60
I think $3.50โ$3.60 could be tested if buyers continue building strength.
Before the next big leg up, Iโd like to see a healthy consolidation around $3.00โ$3.30. If ORCA builds a strong structure here and finally breaks the $3.50โ$3.60 resistance, we could see a strong price reaction toward $4.00, $4.20, $4.50
The recent high also needs to be broken with strong volume and follow-through. A clean breakout + consolidation above resistance would make the next expansion much more interesting.
Definitely keep #ORCA on your watchlist ๐
For long positions, I would recommend dca entries at support zones and stoploss at 2.25