Orca/USDT – My Analysis for Today:

Looking at the past, we can see that sudden drops have always been followed by sudden rises. It seems inevitable that the price will rise above 2.5. I’ve placed a stop-loss at 2.32 for a 10% potential loss. I believe this is a great opportunity in terms of risk/reward ratio.

The indicators suggest a strong upward movement in the medium to long term. However, the announcement expected tonight that spot trading will be halted due to the incoming fUSDC may cause a short-term drop. Caution is needed on this front.

In the evening, I plan to move my stop-loss to my entry point to eliminate any loss and stay in the trade with only potential profit. $ORCA #bullish

Entry: 2.369

Stop-Loss (SL): 2.32

Take Profit 1 (TP1): 2.5

Take Profit 2 (TP2): 2.8