$ORCA at Decision Point – Breakout or Another Rejection?
ORCA is hovering near short-term resistance around $2.57 with low momentum and tighter candles. It’s in a squeeze zone—either ready to pop or dip hard.
Technical Levels
• Current Price: $2.563
• Resistance Zone: $2.566 – $2.580
• Support Zone: $2.540 – $2.525
Trade Plan
Bullish Breakout Play
• Entry: Above $2.570
• Target 1: $2.600
• Target 2: $2.654 (24h high)
• Stop Loss: Below $2.540
Bearish Rejection Setup
• Entry: Below $2.540
• Target 1: $2.520
• Target 2: $2.500
• Stop Loss: Above $2.566
ORCA is trapped in consolidation. A volume spike will decide the move. Traders should wait for confirmation above $2.57 or rejection below $2.54 to catch the next wave with solid R/R.