$ORCA Perp — Expansion After Base Formation
ORCA has completed a clean base and is now trading in expansion mode. The move is orderly rather than parabolic, which often supports continuation.
Market overview
Price acceptance above the former range ceiling indicates a shift from range trading to directional movement. Pullbacks are shallow and quickly bought.
Key resistance levels
1.220 — near-term supply
1.320 — measured extension
1.480 — higher timeframe resistance
Key support levels
1.060 — breakout retest
0.980 — structure support
0.910 — invalidation zone
Trade plan
Best risk-reward appears on retest of 1.060–1.090 support band
Aggressive traders can position on breakout strength above 1.220
Targets
T1: 1.320
T2: 1.480
T3: 1.650
Pro tip
When a coin transitions from range to trend, treat former resistance as support until proven otherwise.