šØ $ORCA /USDT ā Sideways Chop or Breakout Brewing? ššš
$ORCA is currently trading at $2.665, showing a +1.02% 24h gain after bouncing from a low of $2.609. While bulls tried to push it past $2.826 (24h high), the price is currently ranging with repeated wicks indicating indecision.
š Trade Setup:
Entry Zone: $2.63 ā $2.68
Take Profit Targets:
TP1: $2.75
TP2: $2.83
TP3: $2.95
Stop Loss: $2.58
The 4H chart shows a tightening structure, with lower highs and higher lows forming a potential breakout wedge. A close above $2.72 could spark a breakout rally.
š” Pro Tip: Wait for confirmation ā volume surge + breakout candle above $2.75 = green light. Otherwise, avoid getting trapped in the chop.