That’s a strong reclaim… but right into resistance.
Price nuked down earlier, based, and now pushed aggressively back into the previous supply zone. This kind of move is powerful — but also where traps happen.
If this level flips, continuation is clean.
If it rejects, expect a fast pullback.
Trade Plan
Entry $1.55 – $1.62
Stop Loss $1.45
Take Profit
TP1 $1.70
TP2 $1.85
TP3 $2.05
ORCAUSDT
Perp
1.59
+13.89%