$ORCA Since I'm expecting a good comeback on SOL, let's talk about the SOLANA ecosystem. ORCA has a very good potential to pump in the coming days.
On 1D tf, I've put the Fibonacci tool (check 1st screenshot) & drawn a white box for you. ORCA has been respecting this box since it touched it. As long as it’s above the box, there's high possibility of it being visit above $3. ORCA has reclaimed all the important MAs on 1D tf and also taken support on an upward trendline.
Coinbase Legend is showing (check 2nd screenshot) that there are some high liquidations at the $1.7 zone. We've seen many times that liquidations are often grabbed by the market makers. I am expecting ORCA to visit that zone soon.
Liquidity Heatmap is also showing (check 3rd screenshot) that high levaraged shorts liquidity are to the upside than the downside. So, that’s our first priority zone for profit taking. Don't be afraid of short term noises. Zoom out & enjoy.
#ORCA #solana