$ORCA has been consolidating recently, forming a tight range between $3.60 and $3.90. The price is currently trading near the lower end of this range, indicating potential for an upward move.
Current Price: $3.84
Entry: Consider buying around $3.80, near the current support level.
Resistance: $3.90, $4.00, $4.10
Support: $3.80, $3.70, $3.60
Take-Profit Targets:
* Target 1: $3.90 (breakout of the consolidation range)
* Target 2: $4.00 (strong resistance level)
* Target 3: $4.10 (key psychological level)
Stop Loss: $3.60 (below the recent low)
Caution: Traders should watch for stability or potential breakout signals from the consolidation range. A break above $3.90 could indicate a bullish trend, while a break below $3.60 could signal a bearish trend.
