🚨 $ORCA ALERT: Enter Now at $5.405 – Critical Levels to Watch! 🚨
$ORCA is trading at $5.405, showing a -3.38% drop today. After reaching a 24-hour high of $5.857, the price has pulled back. Let’s break down the key levels and potential targets.
Key Levels to Watch:
💡 Resistance: $5.857 – This is the critical resistance level. A breakout above this could push $ORCA higher. Watch for volume confirmation before entering.
📉 Support: $5.294 – A key support level. If ORCA holds above this level, it could stabilize and potentially start pushing higher. A break below $5.294 could signal further downside.
🚀 Target 1: $5.600 – The first target level. If ORCA finds support and breaks higher, expect it to test this level.
🎯 Target 2: $5.750 – A higher resistance target. If bullish momentum continues, ORCA could reach this level next.
💥 Target 3: $5.900 – The final target before reaching the recent high. A push above this could signal even further upside potential.
Trade Setup:
Long Entry: Above $5.405, targeting $5.600, $5.750, and $5.900 with a stop loss below $5.294.
Short Entry: If ORCA breaks below $5.294, short with targets at $5.200 and $5.100.
💡 Volatility Alert: ORCA is currently showing some downside pressure, but holding above support at $5.294 could set up a bullish bounce toward higher targets.