🚨 $ORCA/USDT Trading Signal 🚨

$ORCA

$3.540

-0.34%

💡 Signal Type: Neutral to Bearish

📊 Timeframe: 4H Chart $ORCA

🔑 Key Levels to Watch:

Support: $3.400 – A strong support level that could provide a bounce.

Resistance: $3.600 – A breakout above this level may signal bullish continuation.

🎯 Trade Setup:

Entry Zone: $3.530 - $3.550

Take Profit Levels (TP):

1️⃣ TP1: $3.400 (-3.67%)

2️⃣ TP2: $3.300 (-6.78%)

Stop Loss (SL): $3.650 (+3.11%)

📝 Market Insight:

$ORCA is currently in a consolidation phase, with price hovering around key support and resistance levels. The current slight bearish move could lead to further downside, but a strong bounce from $3.400 could trigger a reversal. Pay attention to volume and price action to confirm the next move.

💡 Strategy Recommendation:

Short position around $3.530 to $3.550.

Take profits at TP1 and TP2 with a protective stop-loss above $3.650.

📢 Note: A breakout above $3.600 could invalidate the bearish outlook, signaling a bullish trend. Keep an eye on price action for confirmation.