$ORCA USDT Short Trade Alert – Bearish Breakdown Setup
📉 Key Levels & Trade Setup
- Resistance: $2.79 (Strong rejection forming lower high)
- Support to Watch: $2.64 (Breakdown confirmation level)
- Entry: $2.66 (On confirmed breakdown below $2.64)
- Stop Loss: $2.794 (Above recent swing high)
- Take Profit: $2.349 (Next liquidity zone)
- Leverage: 10x | Risk: 2-3% of capital
🔍 Why This Trade?
✅ Lower High Formation: Price rejected at $2.79, signaling weakening bullish momentum.
✅ Breakdown Potential: Loss of $2.64 could trigger further downside.
✅ Volume & Momentum: Declining buying pressure increases bearish probability.
📊 Confirmation Signals (Wait For):
- 15m close below $2.64 (Confirms bearish structure).
- Increasing sell volume on breakdown.
- RSI/MACD showing bearish divergence (if present).
⚡ Trade Execution Plan
1. Wait for confirmation (break & close below $2.64).
2. Enter short at $2.6 (optimal risk-reward).
3. Stop Loss at $2.794 (invalidates bearish structure).
4. Take Profit at $2.349 (partial exits recommended).
⚠️ Risk Warning
- A strong reclaim above $2.79 negates the bearish bias.
- Avoid overleveraging—volatility may spike near key levels.
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