#UpdateAlert ORCA/USDT Demonstrates Strong Bullish Momentum!
Orca (ORCA) has experienced a significant price increase, currently trading at approximately $3.90, reflecting a 147$% rise from the previous close. The intraday high reached $5.08, while the low was $1.55.
Technical Indicators:
Relative Strength Index (RSI): The RSI is at 42.88, indicating a neutral position.
Moving Averages:
The 50-day moving average is currently sloping upward, suggesting a bullish trend.
The 200-day moving average is sloping downward, indicating a weaker long-term trend.
Support and Resistance Levels:
Support: Immediate support is observed at $3.81.
Resistance: The first major resistance level is at $4.05.
Traders should monitor these levels closely, as a break above resistance could signal further gains, while a drop below support may indicate potential corrections. It's also important to consider the broader market conditions and conduct thorough research before making trading decisions.