$ORCA Update... 👇🏻👇🏻
The last candle is a large bullish (green) candle that broke through previous resistance levels, reaching a local high of 1.788.
SuperTrend Indicator: The indicator is currently green (bullish) with a support level at 1.455. As long as the price stays above this, the trend is technically "up."
Gains: The asset is up over 47% in the last 24 hours.
Down Move:👇🏻👇🏻
If you are expecting a drop, watch for these specific signals:
Overextension: After a massive vertical move like this, prices often "mean revert" or pull back to test support levels. A logical pullback target would be the 1.65 area.
Resistance at 1.80: The price just wicked down from 1.788. If it fails to break 1.80 on the next few 30-minute candles, it could form a "double top," which is a bearish reversal signal.
Volume Exhaustion: Look at the trade history at the bottom. If you see the "Total (USDT)" amounts getting smaller while the price stalls, it means buyers are losing steam.
Tread $ORCA Here..👇🏻👇🏻
ORCAUSDT
Perp
1.717
+45.38%
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