๐จ $ORCA Update:
ORCA jumped 76% to $1.81 after a security breach on Upbit led to frozen withdrawals and a massive Kimchi Premium, pushing prices far above global levels.
๐ Technicals:
RSI is 84โ86 (extremely overbought), and the price is stretched above the Bollinger Band a strong sign a pullback is near.
๐ฅ Why It Pumped:
Upbit halted withdrawals after $36.8M in Solana assets were moved to an unknown wallet, trapping supply and causing the spike.
โ ๏ธ Outlook:
A sharp correction is likely once Upbit reopens. Key support: $1.30โ$1.45. High-risk zone for new entries.
ORCA
1.36
+3.26%
