$ORCA
Bollinger Bands: Price is nearing the lower band, signaling potential oversold conditions.
2. MACD: Bearish crossover confirmed; momentum favors sellers.
3. SAR (Stop and Reverse): Bearish; price continues to trend below SAR dots.
4. Average Volume Levels (AVL): Consistent trading activity, signaling no major market shocks.
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Market Depth
Bid Support: Strong near $3.600, indicating this as a key support zone.
Ask Resistance: Significant sell orders near $3.972, which must be cleared for bullish momentum.
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Trading Strategy
1. For Buyers:
Entry: Accumulate near $3.600 (support level).
Target: $3.750–$3.900 (intermediate resistance levels).
Stop Loss: Below $3.550 to minimize losses on further declines.
2. For Sellers:
Entry: Short positions near $3.900 if the price fails to break above.
Target: $3.600 (support level).
Stop Loss: Above $4.000 to avoid losses on a breakout.
3. For Range Traders:
Trade between $3.600 (support) and $3.972 (resistance).
Use oscillators like RSI to time entries and exits.
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