šŸš€ $ORCA /USDT – Downtrend Still Dominant, Minor Bounce Faces Resistance šŸ‹

ORCA is currently priced at $2.21 after recovering slightly from a sharp drop to $2.05. While it has managed to stay above the recent low, the price action remains weak and suppressed under major moving averages, suggesting continued caution.

šŸ” Technical Analysis

• MA Overview: Price is below all key MAs — MA(7) = $2.216, MA(25) = $2.284, and MA(99) = $2.486. Trend remains bearish.

• Support Zone: $2.05 – $2.15 is the immediate base holding up recent price action.

• Resistance Zone: $2.29 – $2.32 is the short-term ceiling, with heavier resistance around $2.48.

• Price Behavior: Small bounce, but no breakout from resistance or trend shift — bears still control the narrative.

šŸŽÆ Trading Plan

šŸ”“ Bearish Setup (Preferred)

• Entry: $2.21 – $2.26

• TP1: $2.13

• TP2: $2.05

• SL: $2.30

🟢 Speculative Long Setup

• Entry: $2.10 – $2.15

• TP1: $2.26

• TP2: $2.34

• SL: $2.03

šŸ“Œ Note: ORCA must reclaim and hold above the MA(25) and MA(99) with strong volume to flip momentum. Until then, lower highs and steady selling suggest more downside risk.

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