$ORCA /USDT BULLISH BREAKOUT IMMINENT š
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. ššø
Happy trading and may the market be in your favor! ššø