$ORCA

ORCAUSDT
Διην.
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 👇