$ORCA Price has pumped over 11% and is approaching the MA(7) resistance near 1.198. The rally shows signs of exhaustion with a potential rejection forming at this dynamic level. High volatility and a significant gap from the MA(99) suggest the move may be overextended in the short term, setting up for a corrective dip.

Entry Zone: 1.170 - 1.195

TP1: 1.130

TP2:1.100

TP3:1.070

Stop Loss: 1.215 (Above the MA(7) and recent swing high)

Risk Management: Trade size should be conservative due to high volatility from the gainer momentum. Be prepared for possible consolidation instead of a sharp drop.

Follow us for more latest signals on Binance 🔔

trade here $ORCA

ORCA
ORCAUSDT
1.094
-2.66%