Stop Dreaming If You Think $ORCA Will Break This Level
ORCA’s recent move isn’t a sign of strength it’s a reaction to unfinished market structure. The sharp drop we saw earlier was necessary to fill a major imbalance, which has now been completed. More importantly, price action didn’t stabilize after that move; instead, it created a new imbalance, signaling that further downside is still likely. From a structural perspective, this rally looks corrective, not impulsive, and that alone raises caution for anyone expecting a sustained upside breakout.
Looking at the current setup, $ORCA is trading directly into a key resistance zone. This area represents the maximum upside the market can realistically push before sellers step back in. Any move higher from here is more likely to act as a bullish trap, designed to lure late buyers before a sharp reversal. Whether you’re currently in profit or at breakeven, this zone favors risk reduction rather than hope. The probability leans toward rejection, not continuation.
From my perspective, this is a short-biased market. I’ve entered a short position with the first target at $0.915 and a second target at $0.730. In a broader bear market scenario, ORCA still has room to revisit much lower levels — potentially as deep as $0.33 over time. This isn’t about pessimism; it’s about respecting structure, imbalance, and resistance. In markets like this, discipline matters more than belief. #MarketRebound