$ORCA /USDT Trading Signal – Testing Support Levels, Path to Recovery?
Current Price: $4.262
24h Change: +3.12%
Entry Zone:
$4.230–$4.280
Targets:
1. $4.400 – Immediate resistance
2. $4.500 – Key breakout level
3. $4.650 – Extended target
Stop Loss:
$4.200
Market Observations:
$ORCA /USDT has shown recovery signs after testing support near $4.234, following a retracement from its 24h high of $4.738. Current consolidation near $4.262 suggests potential buyer activity. A breakout above $4.400 could pave the way for gains toward $4.650, supported by improving market sentiment.
Trading Strategy:
Short-term traders: Focus on a breakout above $4.400 and secure profits incrementally at each target.
Mid-term traders: Hold positions for $4.650, adjusting stop-loss levels to minimize risks.
Key Support and Resistance Levels:
Support: $4.230
Resistance: $4.400