📊 $ORCA || USDT 👇 :
📈- Analysis of the #ORCA coin on the 4-hour timeframe.
🕯 - In the analysis, we notice the formation of the Falling Wedge pattern, which is a positive reversal pattern and often indicates the near end of the downward trend and the beginning of a strong rise.
🕯 - The price has begun to break through the upper limit of the pattern, supporting the bullish reversal scenario, especially after a series of upward bounces from the lower limit of the pattern. We wait and monitor until the breakout is confirmed by closing the current candle and the beginning of a new bullish candle.
📌 - Expected targets 👇👇:
🏹- First target: 2.629 🟢
🏹- Second target: 2.891 🟢
📣 - It is preferable to monitor price behavior upon confirming the breakout, while ensuring capital management and not rushing into entry. ✔️
🥇- Good luck to everyone in your upcoming trades! 💪