$ORCA /USDT BULLISH BREAKOUT IMMINENT 🚀
Key Levels:
- Current Price: $4.029
- Resistance Levels: $4.135, $4.163
- Support Levels: $3.963, $3.765, $3.565
Trade Setup:
- Long Entry: $4.03
- Take Profit (TP):
- TP1: $4.13
- TP2: $4.16
- Stop Loss (SL): $3.96
Risk Management:
- Risk/Reward Ratio: 1:2
- Position Size: Adjust according to your risk tolerance, typically risking 1-2% of your trading capital.
Summary:
We are looking for a long trade on $ORCA/USDT due to the bullish momentum observed in the recent price action. The price has broken above the key resistance level of $4.00 and is currently trading at $4.029. With the next resistance levels at $4.135 and $4.163, there is a good potential for upward movement. The stop loss is set just below the recent support level to minimize risk. 📈💸
Happy trading and may the market be in your favor! 📈💸