$ORCA /USDT Technical Analysis
Current Price: 1.179 USDT (+8.36% 24h, +2.79% current)
24h Range: 1.073 – 1.270 USDT
24h Volume: 5.83M ORCA / 6.81M USDT
Market Sentiment:
Short-term: Bullish momentum with strong upward movement in the last 24h.
Trend: Price approaching the 24h high at 1.270, indicating buyer strength.
Volume: Moderate volume supports the current rally.
Key Levels:
Resistance:
1.200 – Immediate resistance from recent price action.
1.250 – Psychological near-term resistance.
1.270 – 24h high, strong target for bulls.
Support:
1.160 – Immediate support if price dips.
1.120 – Stronger support; last consolidation zone.
1.080 – Key level; a break below could trigger deeper correction.
1.050 – Major support; a strong floor for buyers.
Trade Outlook:
Bullish Scenario: If ORCA holds above 1.160 and breaks 1.200 with volume, next targets could be 1.250 – 1.270.
Bearish Scenario: If price falls below 1.160, pullback may reach 1.120 – 1.080.
Short-term Strategy:
Buy on Dips: Around 1.160 – 1.120, with stop loss below 1.080.
Take Profit: Near 1.200 – 1.270 levels.
