🚨 ORCA SLIDES: Critical Support at $5.98 – What's Next? 🚨
ORCA/USDT is trading at $5.985, down 7.55% in the last 24 hours, as it struggles to hold key support levels after a volatile swing between a high of $6.750 and a low of $5.800. The chart shows a cooling off from a massive spike, raising the question: will ORCA recover or continue its downtrend?
💡 Key Levels to Watch:
Resistance 1: $6.200
Resistance 2: $6.500
Resistance 3: $6.750
Support Level: $5.800
⚠️ Trade Setup:
Long Entry: A bounce above $6.200 could pave the way for targets at $6.500 and $6.750.
Short Entry: A breakdown below $5.800 could see a slide toward $5.500 or lower, signaling further bearish action.
ORCA's momentum hangs in the balance—keep a close watch on these levels and adjust your positions accordingly as the market finds direction.
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