$ORCA USDT is trading near 1.162 after gaining roughly 8.9% on the day. The pair recorded a 24-hour high of 1.265 and a low of 1.066, reflecting strong volatility. On the 15-minute timeframe, price action shows a sharp upward spike followed by corrective consolidation. After reaching 1.262–1.265 resistance, sellers stepped in, pushing price lower before stabilizing around the 1.15–1.16 zone.

The market structure currently appears range-bound between 1.13 support and 1.20 resistance. Buyers are attempting to build higher lows, which may indicate accumulation. A breakout above 1.20 could trigger renewed bullish momentum toward 1.23 and possibly retest 1.26. On the downside, a breakdown below 1.13 could expose 1.10 and potentially the 1.06 daily low.

Volume remains elevated, suggesting active participation from both bulls and bears. The next directional move will likely depend on whether price can reclaim and sustain above the 1.20 resistance level. Short-term traders should monitor consolidation strength and reaction at key levels before entering positions.

ORCA

1.274

+4.42%