Yo $ORCA had a wild swing from 1.17 up to 1.88 and now it's cooling off at 1.45
That's a 60 percent move so a pullback is totally normal
MACD just crossed positive at 0.001 after being negative so momentum is shifting
EMA 100 is at 1.448 and EMA 200 at 1.389 so price is right around support zone
The best long entry is between 1.35 to 1.38 once it dips a bit more
First target is 1.60 then 1.75 if the bounce has strength
Stop loss below 1.32 to give it room
Volume is low right now which is fine during a pullback
Just wait for that 1.35 to 1.38 zone don't chase it here at 1.45
That's a 60 percent move so a pullback is totally normal
MACD just crossed positive at 0.001 after being negative so momentum is shifting
EMA 100 is at 1.448 and EMA 200 at 1.389 so price is right around support zone
The best long entry is between 1.35 to 1.38 once it dips a bit more
First target is 1.60 then 1.75 if the bounce has strength
Stop loss below 1.32 to give it room
Volume is low right now which is fine during a pullback
Just wait for that 1.35 to 1.38 zone don't chase it here at 1.45
