đđ„ORCA Explosive Breakout Followed by Healthy Consolidation đłđ
ORCA has delivered a strong impulsive breakout from the 0.77 base, printing a sharp rally toward 1.42, followed by tight consolidation and higher-low formation. The current structure reflects a bullish continuation setup, where price is digesting gains before the next directional move.
Key Levels đ
Immediate Support: 1.15 â 1.18
Major Support: 1.05 â 1.08
Immediate Resistance: 1.30 â 1.32
Breakout Zone: 1.40 â 1.42
Sustained acceptance above 1.32 could trigger a trend continuation toward 1.42+, while a breakdown below 1.15 may invite a deeper retracement into the demand zone.
Outlook đź
Despite short-term momentum cooling, ORCA maintains a bullish market structure with strong ecosystem-driven buying pressure. As long as price holds above 1.15, the bias remains bullish, favoring continuation toward higher resistance zones.
