$ORCA

Downward Wedge Broken

A downward wedge breakout usually signals an upcoming bullish move, especially if accompanied by increased volume, reflecting strong buying interest. To confirm the trend, the price may return to test the breakout level as a new support level, and if the price holds above it, this increases the likelihood of a continued rise.

It is also important to follow technical indicators such as the Relative Strength Index (RSI) or the MACD to confirm the strength of the bullish momentum. However, the market remains volatile, so caution is advised and developments should be monitored closely.

Note: This is just an analytical view and not investment advice, and it is always advisable to conduct personal research before making any financial decisions.