🚨 $ORCA /USDT ALERT: Testing Critical Zones – Big Move on the Horizon! 🚨
Current Price: $5.022 (-7.00%)
24H High: $5.468 | 24H Low: $4.985
The $ORCA /USDT pair is under pressure, with the price testing a critical support level after a sharp decline. The market appears poised for either a recovery or a continuation of the downtrend. Here’s what to watch for:
Key Levels to Watch:
1️⃣ Resistance 1: $5.200 – A rebound above this level could spark a short-term recovery, targeting higher levels.
2️⃣ Resistance 2: $5.300 – Breaking this level could signal renewed bullish momentum, paving the way for further gains.
3️⃣ Support: $4.980 – A drop below this crucial support could trigger additional selling pressure.
💡 Trade Setup:
Long Entry: If ORCA/USDT reclaims $5.200 and sustains, potential targets are $5.300 and $5.400, with a stop-loss at $4.950.
Short Entry: If ORCA breaks below $4.980, expect downside targets at $4.850 and $4.750, with a stop-loss above $5.100.
⚠️ Note: Monitor volume and price action near the critical levels for confirmation. Risk management is essential in this high-volatility environment.
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