$ORCA USDT Price is trading around $1.560 after a clear lower high formation and rejection from the $1.61–$1.63 supply zone. The structure shows a short-term downtrend with consistent bearish pressure and weak bullish follow-through.
Liquidity above $1.61 has already been tapped and rejected, while equal lows near $1.53–$1.54 remain a downside target. Momentum is fading on every bounce, indicating sellers are still in control.
EP: $1.555 – $1.570
TP1: $1.535
TP2: $1.510
TP3: $1.480
SL: $1.625
Trend remains bearish with a sequence of lower highs and inability to sustain above mid-range resistance.
Momentum is weak on upside moves, with strong impulsive candles only appearing on sell-offs.
Price is likely to sweep liquidity below $1.53 as downside imbalance remains unfilled and sellers defend upper zones.
$ORCA USDT
#StrategyBTCPurchase #BinanceLaunchesGoldvs.BTCTradingCompetition #ArthurHayes’LatestSpeech #FedRatesUnchanged
Liquidity above $1.61 has already been tapped and rejected, while equal lows near $1.53–$1.54 remain a downside target. Momentum is fading on every bounce, indicating sellers are still in control.
EP: $1.555 – $1.570
TP1: $1.535
TP2: $1.510
TP3: $1.480
SL: $1.625
Trend remains bearish with a sequence of lower highs and inability to sustain above mid-range resistance.
Momentum is weak on upside moves, with strong impulsive candles only appearing on sell-offs.
Price is likely to sweep liquidity below $1.53 as downside imbalance remains unfilled and sellers defend upper zones.
$ORCA USDT
#StrategyBTCPurchase #BinanceLaunchesGoldvs.BTCTradingCompetition #ArthurHayes’LatestSpeech #FedRatesUnchanged