$ORCA /USDT Short Trade Opportunity 💯🔥
Market Overview:
$ORCA /USDT is experiencing a strong bearish trend, dropping over 10% in the last 24 hours. The momentum indicates the potential for further downside.
Trade Setup:
A short position aligns with the current trend. Confirmation of entry comes with a breakdown below $3.78.
Entry Price: $3.75
Take Profit (TP):
1. TP1: $3.50
2. TP2: $3.20
Stop Loss (SL): $3.95 (above the recent resistance)
Risk/Reward Ratio: 1:3 — Ideal for traders targeting high-probability setups.
Strategy:
Wait for a volume-backed breakdown below $3.78 before entering the trade.
Stay vigilant about market sentiment, and adjust SL and TP levels dynamically if conditions change.
Practice disciplined risk management to navigate potential swift market moves effectively.
ORCAUSDT
Perp
2.378
-6.08%
