$ORCA
*ORCA/USDT Technical Analysis ๐*
*Breakout and Volatility ๐*
ORCA's price surged from $1.358 to $5.032, then retraced to $2.761.
*Key Levels to Watch ๐*
- *Support*: $2.3 - $2.5
- *Resistance*: $2.88 - $3.00 (EMA 99)
*Trend Indicators ๐*
- Short-term EMA (7 & 25) rising, indicating potential uptrend continuation.
- EMA 99 (2.887) acting as resistance.
*Market Sentiment ๐*
- Volume increased significantly, confirming the breakout.
- Slight bearish sentiment, with 48.42% buyers vs. 51.58% sellers.
*Trading Strategies ๐ค*
- *Bullish*: Break above $2.88 - $3.00 could test $3.6 - $4.0.
- *Bearish*: Failure to break $2.88 could retest $2.3 - $2.5.
- *Scalping*: Buy near $2.5 with a stop-loss at $2.3; target $2.88 - $3.2.
What do you think about this levels? ๐ค