$ORCA showing strong bullish momentum with a 91.45% surge to $2.99. The price has broken through all major moving averages with MA50 at $1.92 now acting as support.
Clear higher lows forming with volume confirming the breakout. RSI at 76.37 indicates overbought conditions, suggesting potential short-term pullback. MACD bullish cross adds strength to the uptrend.
Key resistance zone at $4.29-$4.70 aligns with R1 at $4.85. First support at $2.93 needs to hold to maintain bullish structure. Pivot at $3.20 is critical for continued momentum.
The expanded Bollinger Band width (131.86%) confirms high volatility. With price in discovery mode and strong volume (14.94x ratio), this move has conviction despite overbought signals.
Entry strategy: Wait for pullback to $2.93-$3.00 support zone. Set stops below $2.56. Target first take-profit at $4.29 with final target at R1 ($4.85). Risk-reward ratio approximately 1:3.
No financial advice disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research before trading. $ALT $AUCTION
$COTI is showing a bullish trend with recent price action indicating higher highs and higher lows. key resistance is around $0.075, while support is at $0.070. the rsi is approaching overbought levels, suggesting a potential pullback, but the macd shows upward momentum. overall, chief, i hold a bullish view on #COTI. Note it's mainnet is going to be live next week $BTC $ORCA
The last 2 times USDT Dominance tagged this diagonal resistance line and put in a lower high the bull run continued! It has rejected at the line for a 3rd time and now we are waiting for the confirmation of a breakdown. This would be very significant as it indicates capital is ready to flow back into #BTC and Alts! $BTC $ZRO $CAKE #SECCryptoRoundtable #BNBChainMeme #TrumpAtDAS