$ORCA /USDT – Rejected on push, consolidating
ORCA tried to break above $2.82 but got slapped down. Now sitting at $2.78 after a clean rejection wick and sell-off candle.
Breakdown:
Structure: Rangebound chop between $2.76–$2.82. Failed breakout attempt just got sold into hard.
Resistance: $2.82 remains the ceiling. Wicks show strong sellers above that level.
Support: $2.76 key short-term level. A break below opens room to $2.74 or lower.
Outlook:
Momentum fading short-term. Needs to hold $2.76 to avoid a breakdown. If bulls step in again, a reclaim of $2.80+ with volume might fuel another breakout attempt.