Current trend overview
Price is pumping hard + skyrocketing (+66%) in a short time
MA7 > MA25 > MA99 → short-term trend is still an UPTREND
But the last candlestick is standing up at the 1.58 level → sign of a potential top / high risk of a correction
Volume is surging → could be the last FOMO phase of the wave
👉 Short-term conclusion:
Main trend: Bullish
But the current position: High risk of a correction, key levels
Strong resistance: 1.58 – 1.62
Near support: 1.42
Deep support: 1.25 – 1.28 (MA25) Trading scenario
🟢 LONG Scenario (safer option)
Only go LONG when price retraces to support — don’t chase the peak
Nice entry:
Entry: 1.40 – 1.45
Stoploss: 1.33
Take Profit:
TP1: 1.58
TP2: 1.68
TP3: 1.80
👉 This is a pullback continuation setup (trend continuation) SHORT Scenario (quick trade)
If a signal appears:
Long wick candles in the 1.58 – 1.62 range
Or break below 1.42
Entry Point:
Entry: 1.55 – 1.60
Stoploss: 1.66
Take Profit:
TP1: 1.45
TP2: 1.32. Current probability assessment
Short adjustment: ~60%
Continuation LONG: ~40%
Should not enter right now (currently at a short-term peak) wish you success and profit #ORCA $ORCA
