$ORCA Update. Price at 1.70. Target 1.88. Structure Intact.
ORCA is trading at 1.70 with a daily gain of 39 percent.
The 24-hour range spans 1.17 to 1.88.
Price pulled back from the high and is now consolidating near 1.70.
The chart shows a clean series of higher lows from 0.88 to 1.09 to 1.30 to 1.51.
The trend is not broken.
It is resting.
Volume is 30.9 million against MAs of 41 million and 50 million.
Volume is declining on the consolidation. This is healthy.
Support sits at 1.55, the 7 EMA, and 1.51, the prior swing high.
Resistance is 1.88, the 24-hour high.
A break above 1.88 confirms the move to the target near 1.93 and then 2.00.
. ORCA was flagged at 1.18.
It ran to 1.70. The Solana DeFi rotation is the engine.
SOL is holding gains. Ecosystem tokens are following.
The path to 1.88 is clear. A sweep of the 24-hour high collects the shorts sitting above.
