The chart shows a strong bullish push earlier (up to ~2.09), followed by a pullback and consolidation. Price is now stabilizing around 1.96–1.98 with higher lows forming after a sharp rejection wick below 1.92 — indicating buyers are stepping back in. Order book is slightly bid-dominant as well. This leans toward a continuation long setup rather than a breakdown.
Market Bias: Bullish (Pullback Continuation Long)
After the impulsive move, price is cooling off and forming a base. As long as it holds above the 1.94–1.95 zone, upside continuation toward previous highs is likely.
Entry Zone: 1.975
Second Entry: 1.960
Stop Loss: 1.920
🎯 Take Profit 1: 2.020
🎯 Take Profit 2: 2.080
🎯 Take Profit 3: 2.150
This setup is based on continuation after consolidation — not a breakout trade. Watch for volume confirmation if price pushes above 2.00.
ORCAUSDT
Διην.
1.986
+30.23%
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