$ORCA Rejection From Supply Zone Signals Possible Bearish Continuation Toward Lower Support Levels

Trade Setup: Short

Entry Zone: 1.58 – 1.66

TP1: 1.48

TP2: 1.38

TP3: 1.28

SL: 1.72

Price is showing rejection after failing to sustain above the mid-range resistance area near recent breakdown structure. Momentum is weakening as sellers step in around supply, suggesting potential continuation of downside trend if 1.50 level breaks cleanly.

Volume activity and recent lower high formation indicate distribution rather than accumulation, making short positions more favorable as long as price stays below resistance zone.

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