👻$ORCA
BEARISH SETUP: DOWNSIDE PRESSURE LIKELY
$ORCA is showing early signs of bearish continuation after failing to hold above the 1.200–1.400 resistance zone. Price action on the 1H and 4H charts indicates lower highs forming, signaling potential further downside. A break below the immediate support at 1.106 could trigger accelerated selling toward key lower levels. Technical indicators confirm weakening buying momentum and bearish bias.
Entry: Short below 1.106
Targets (TP):
TP1: 1.064
TP2: 1.000
TP3: 0.950
Stop Loss (SL): 1.200
Key Levels:
Resistance: 1.200 / 1.400 / 1.600
Support: 1.106 / 1.064 / 1.000
Pro Tip: Consider partial exits at TP1 to secure profits while letting the remainder ride toward deeper support.
Risk Management: Risk 1–2% of trading capital per trade; tighten SL if volatility rises.