Professor_Michael
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Bearish
$ORCA /USDT BEARISH BREAKDOWN BELOW SUPPORT — SHORT NOW FOR BIG GAINS!
ORCA/USDT has just broken down below a strong intraday support zone around $2.60–$2.61. This level was previously acting as a base for multiple bullish bounces, but the recent rejection from $3.13 and consistent lower highs confirm selling pressure. With volume surging and momentum flipping bearish, continuation to the downside is expected.
Trade Setup:
Short Entry: $2.58–$2.60
Take Profit (TP): $2.30
Stop Loss (SL): $2.75
Outlook:
Bears are in control with a clean breakdown below the consolidation block. If price sustains under $2.61, we can expect a smooth move down to the next demand area near $2.30. Watch for increasing volume and rejection from the $2.60–$2.65 retest zone to confirm further downside.
#ORCA #CryptoTrading #BearishBreakdown #BinanceSignals #ShortSetup
ORCA/USDT has just broken down below a strong intraday support zone around $2.60–$2.61. This level was previously acting as a base for multiple bullish bounces, but the recent rejection from $3.13 and consistent lower highs confirm selling pressure. With volume surging and momentum flipping bearish, continuation to the downside is expected.
Trade Setup:
Short Entry: $2.58–$2.60
Take Profit (TP): $2.30
Stop Loss (SL): $2.75
Outlook:
Bears are in control with a clean breakdown below the consolidation block. If price sustains under $2.61, we can expect a smooth move down to the next demand area near $2.30. Watch for increasing volume and rejection from the $2.60–$2.65 retest zone to confirm further downside.
#ORCA #CryptoTrading #BearishBreakdown #BinanceSignals #ShortSetup
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