$ORCA just got rejected hard at the $3.17 resistance and has since broken below its multi-week trendline. That rejection wasn’t subtle — down nearly 17% since, and now hovering around $2.29.
The big question now is: Was that just a deep pullback... or the start of a broader trend reversal? Structure looks weak, but volume on this drop could hint at capitulation.
Watching for signs of stabilization—or $2 could be next. Thoughts? Are you buying the dip or staying out?