$ORCA

ORCA
ORCAUSDT
1.278
+9.13%

$ORCA just made a sharp move into resistance after an extended downtrend — is it a bull trap or the start of a reversal?

Short idea on ORCAUSDT (Perp)

Entry: 1.17–1.22

Stop Loss: 1.30

TP1: 1.00

TP2: 0.85

TP3: 0.65

The upside push lost momentum quickly, with sellers stepping in on the first resistance test. That reaction suggests the move may be a corrective bounce rather than a true trend reversal. Momentum is starting to fade again, and price isn’t finding acceptance above this level — keeping the downside continuation scenario valid.

Trade $ORCA below 👇