$ORCA
$ORCA USDT is currently trading around **1.282 USDT**, showing a daily gain near **+8%**, but the chart still reflects short-term weakness after a strong move earlier. Price reached a high near **1.387** before facing selling pressure, leading to a gradual pullback and sideways movement. This suggests traders are taking profits while the market looks for a new direction.
📉 **Trend & Technical View**
Price is trading **below the MA60**, which signals that short-term momentum remains slightly bearish. The overall structure shows lower highs and lower lows, meaning sellers still have some control. Immediate support is forming around **1.27 – 1.28**, while resistance sits near **1.30 – 1.33**. A breakout above resistance could shift momentum back to bulls.
📈 **Volume & Sentiment**
Volume spikes during price drops indicate active selling, but recent smaller candles suggest the market is cooling down. If buying volume returns, $ORCA USDT could attempt a recovery bounce; otherwise, consolidation is likely in the short term.
🔥 **Short-Term Outlook**
Current sentiment is **neutral to slightly bearish** until price reclaims the moving average. Traders should watch support closely — holding above it may trigger a rebound, while a breakdown can lead to more downside.
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