$ORCA is showing a clear bearish structure after a major rejection from the 1.80 zone, followed by consistent lower highs and strong downside continuation. The trend remains firmly bearish, and the current weak consolidation near lows suggests continuation rather than reversal.
Trade Setup
Entry Range: $1.18 – $1.22
Target 1: $1.12
Target 2: $1.05
Target 3: $0.98
Stop Loss: $1.30
As long as price stays below the breakdown structure, sellers remain in control and further downside is likely.
Do you think $ORCA can hold above 1.15, or is another leg down coming?
ORCAUSDT
Perp
1.589
-1.61%