Hey traders, $ORCA is straight-up roaring today up over 70% in the last 24h on a wild short squeeze and Solana ecosystem vibes after that Upbit drama (exchange is covering losses, btw)
Negative funding rates and exploding open interest scream more upside, with the token smashing past 1.37 and eyeing 1.80 highs.
If you're in perps on Binance, this DeFi gem on SOL could keep pumping if BTC holds steady.
Quick trade idea: Go long ORCAUSDT perp at 1.37 entry. SL at 1.05 (below today's low for safety), TP at 1.80 (recent high resistance). Risk 1-2% per trade, folks—DYOR and let's ride this wave! 🚀 Who's in?
ORCAUSDT
Perp
1.267
-2.76%