Analysis of $ORCA /USDT Chart

$ORCA /USDT 4-hour chart shows a clear downtrend with minor consolidation around the $4.60–$4.65 zone. The price has hit a 24-hour low of $4.601 and a high of $5.005, indicating current resistance near the $5 mark.

Long Entry Strategy

Entry Point: $4.66 (after a breakout above $4.65 resistance).

Target: $4.90–$5.00 range, where the last swing high occurred.

Stop Loss: $4.58 to minimize risk in case of further downside.

Short Entry Strategy

Entry Point: Below $4.60 support zone, preferably at $4.59.

Target: $4.40–$4.30 zone (next visible support).

Stop Loss: $4.67 to avoid losses if the price reverses upward.

The Order Book shows buyer dominance at 58.36%, suggesting slight bullish momentum, but bears (41.64%) remain active. For now, a tight consolidation indicates potential for a breakout; watch for volume confirmation before entering long or short positions. Manage risk carefully due to recent downtrend pressure

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