$ORCA /USDT – Bearish Rejection Off Resistance After Massive Pump! 🐻

$ORCA has exploded +41.77% in 24h to a high of 1.788, but the latest candle tells the story: a brutal -3.52% wick rejection from 1.56–1.60 zone, now dumping back to 1.508 with fading volume on the pullback (188.8M ORCA traded). Structure shows overbought exhaustion after the parabolic surge — clear bearish divergence as RSI likely overheated. Short-term momentum flipping south unless we reclaim 1.60.

**Trade Setup (Short):**

- Entry range: 1.500 – 1.520 (current levels / failed retest of breakdown)

- Target 1: 1.400 (round support) → +7%

- Target 2: 1.200 (deeper retracement) → +20%

- Target 3: 1.049 (24h low retest) → +31%

- Stop Loss (SL): 1.600 (above rejection high)

Risk-Reward: 1:4+ favorable

**Short-Term Outlook:**

Profit-taking dominates after the hype run, with sellers piling in on every bounce. Expect continued downside to 1.20–1.00 if we stay below 1.55; only a strong close above 1.65 would revive bulls for another leg up. Classic post-pump correction — fade the euphoria.

Bears sharpening their teeth — time to ride the dump! 📉

#ORCA #SolanaDEX #BearishRejection $ORCA

ORCA

1.138

-2.06%