🚨 ORCA Long Liquidation Alert 🚨
A $12,456 long position on $ORCA was liquidated at $3.89426, signaling a potential bearish momentum shift.
Traders, watch for opportunities as $ORCA may face increased selling pressure.
Analyzed Trade Plan for $ORCA:
Entry Point: $3.85
Target: $3.50 (conservative) / $3.20 (aggressive)
Stop Loss: $4.05
Analysis:
Long liquidations often indicate a bearish trend, as leveraged buyers are forced out of positions.
If $ORCA breaks key support levels, it could accelerate downward.
Monitor volume and price action closely for signs of a reversal or continuation.
Stay vigilant, trade strategically, and manage your risk effectively.