Got it! Based on the data you provided, here's a quick technical analysis for $ORCA /USDT:
Key Levels:
Resistance: $2.98 (24h high), $3.01 (order book level)
Support: $2.61, $2.48, $2.34 (based on lower price levels)
Indicators Overview:
Moving Averages (MA):
MA(5): 201,453.86
MA(10): 184,989.43
The short-term MA is higher than the longer MA, indicating bullish momentum.
RSI (Relative Strength Index):
If RSI is above 70, it suggests overbought conditions (possible pullback).$ORCA
If RSI is below 30, it suggests oversold conditions (potential rebound).
MACD (Moving Average Convergence Divergence):
If the MACD line is above the signal line, it's a bullish sign.
If the MACD line is below the signal line, it's a bearish sign.
Trading Strategy Suggestions:
If you're looking to buy:
Consider waiting for a dip near $2.61-$2.48 (support levels).
If momentum stays strong, a breakout above $2.98-$3.01 could lead to further gains.
If you're looking to sell:
Watch for rejection near $2.98-$3.01 resistance.
If the price starts to drop and breaks below $ORCA $2.61, a further decline is possible.
