$ORCA
/USDT – Volatility Hits After Massive Breakout!
ORCA surged to a stunning high of $4.00, gaining over +44% in the last 24 hours. However, the price has sharply pulled back to $2.836, showing a clear rejection wick on the 1H chart. This kind of high-volatility move often signals a short-term top or profit-taking zone.
Despite the drop, ORCA remains one of the top DeFi gainers, backed by strong 24H volume at 14.44M ORCA. If buyers defend the $2.70 zone, the uptrend could resume with a bullish setup.
24H Snapshot:
High: $4.000
Low: $1.832
Current: $2.836
Volume: 14.44M ORCA / 38.74M USDT
Trade Setup:
Entry Zone: $2.70 – $2.90
TP1: $3.20
TP2: $3.65
Final Target: $4.10
Stop Loss: $2.50
Pro Tip: After such vertical spikes, wait for consolidation and confirmation candles before re-entering. Avoid chasing red candles.
