Wait… wait… wait… look at this $ORCA 👀 is pumping hard after its recent regulatory news, but now it’s time for a potential crash.
Here’s my Short trade plan 👇
Short limit order at: $1.25
Targets:🎯😎
TP1: $1.10 TP2: $0.98 TP3: $0.90 TP4: $0.78
+45.6%
Reason: $ORCA
The price has just pulled off a massive "God Candle," surging from $0.93 to $1.36 following news of institutional backing. While the hype is high, the RSI has hit an extreme overbought level of 75.01, and the price is sitting way above its 200-day EMA ($1.22).
The market is likely to move down to hunt the heavy buyer liquidity sitting in the $0.90 – $1.10 range where the vertical move started. With early "news-buyers" now looking to take profits, a sharp mean-reversion drop is highly probable to wash out late-longers 📉.
🔍 Chart Checklist for your Setup: The Entry: Look for a final "exhaustion pump" toward the $1.25 resistance level to trigger the short limit. The Confirmation: A 1-hour candle close below $1.17 confirms that the "liquidity hunt" to the downside has officially begun. Risk Rule: With your ~8 USDT balance, stay in Spot (Sell/Avoid) or use 1x leverage at most. Volatility on Solana-based tokens like $ORCA can be brutal; a high-leverage position could be wiped out by a small 5% wick before the actual crash happens.
