$ORCA just saw a short liquidation of $1.5993K at $1.181. This means traders who were betting on price going down were forced to close their positions as price moved up. When short liquidations happen, it often adds sudden buying pressure because shorts must buy back, which can push price higher in the short term.
Now the key support to watch is around $1.14–$1.16 if price pulls back. If momentum continues, the first upside target could be $1.25, and the next resistance may be near $1.35. A careful stop loss can be placed below $1.08 to manage risk. Always wait for confirmation and trade with proper risk control.