Market Analysis and Trading Signals

The market shows a mixed performance of newly listed coins, with all trending downward. This could signal broader market pressure or weak sentiment around these assets.

Key Observations

1. $ME : Price at $4.22, with a significant drop of -17.34%. High volatility and bearish sentiment dominate.

2. $MOVE : Current value at $0.6233, declining -11.15%. A bearish short-term trend is evident.

3. $ORCA : Priced at $5.14, showing an -8.28% drop. Testing key support levels.

4. ACX: Trading at $0.8236, down -4.60%. Consolidating near support.

5. THE: Valued at $1.80, with a -4.05% decline. Holding critical levels but under pressure.

6. PNUT: At $1.23, down -2.51%. Exhibiting resilience compared to others.

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Trading Signal for ORCA/USDT (4-hour Time Frame)

Price Action:

ORCA has shown a decline of 8.28%, pushing the price to $5.14. This suggests a bearish trend but could present opportunities if support levels hold.

Entry Price:

Ideal entry: $5.10 - $5.20

Key Levels:

Support: $5.00 (critical), $4.80 (secondary)

Resistance: $5.50 (initial), $6.00 (major breakout level)

Take-Profit Targets:

1. $5.50

2. $5.80

3. $6.00

Stop Loss:

Set at $4.80 to minimize downside risk.

Cautionary Note:

Monitor for stability near $5.00; a breakdown below this could lead to a sharper decline. Await confirmation of reversal or breakout for safer entries.

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