technical analysis for $ORCA /USDT, including trade signal and target levels:

Current Price: $3.94 (+5.57%)

Trend: Bullish (Positive price momentum over the last 24 hours)

Support Level: $3.60

Resistance Level: $3.96

Key Indicators:

RSI (Relative Strength Index): RSI is trending around 60, indicating moderate bullish momentum. Watch for a breakout if it crosses above 70 or a pullback if it falls below 50.

MACD (Moving Average Convergence Divergence): Bullish crossover on MACD, confirming the upward trend.

Volume: Healthy volume with recent surge in ORCA and USDT pair.

Trade Signal:

Buy Signal: Consider entering long positions near the support zone ($3.60) or on any pullbacks to around $3.80.

Stop Loss: Place stop loss at $3.55 to manage risk.

Target Levels:

Target 1: $3.96 (near 24h high) - Potential for a short-term breakout.

Target 2: $4.10 - Next resistance level and a psychological barrier.

Target 3: $4.25 - Extended bullish target based on the current upward momentum.

Trade Momentum:

Momentum Indicator: Positive momentum signals sustained upward movement.

Trade Bias: Bullish with cautious optimism. Ensure to watch for any bearish reversals or price rejection near resistance levels.

#BinanceAlphaAlert #BTCBelow92K #SolvProtocolMegadrop #MicroStrategyStockSale