$ORCA /USDT – Short Idea on the 1H 🔻
After a vertical pump from 1.28 to 3.335, $ORCA has rolled over. It's now making lower highs, and the 2.70 support has given way (-18% on the day).
RSI is deeply oversold on the lower timeframes, so I won't chase the drop. The plan is to sell the relief bounce back into the broken support.
📍 Entry zone: 2.58–2.70
⛔ Stop: 2.90 (1h close above)
✅ Target 1: 2.26
✅ Target 2: 2.00
✅ Target 3: 1.83
No bounce means no trade. Patience beats FOMO. If price reclaims 2.90, the idea is dead and I'm out.
Pumps like this can squeeze hard, so size small and always use a stop.
DYOR, not financial advice. 📊
#ORCA #ORCATrades #ORCAUSDT #ORCAToken
After a vertical pump from 1.28 to 3.335, $ORCA has rolled over. It's now making lower highs, and the 2.70 support has given way (-18% on the day).
RSI is deeply oversold on the lower timeframes, so I won't chase the drop. The plan is to sell the relief bounce back into the broken support.
📍 Entry zone: 2.58–2.70
⛔ Stop: 2.90 (1h close above)
✅ Target 1: 2.26
✅ Target 2: 2.00
✅ Target 3: 1.83
No bounce means no trade. Patience beats FOMO. If price reclaims 2.90, the idea is dead and I'm out.
Pumps like this can squeeze hard, so size small and always use a stop.
DYOR, not financial advice. 📊
#ORCA #ORCATrades #ORCAUSDT #ORCAToken