🚀 $ORCA Just Surged 42% Here's What the Chart Is Telling Us
$ORCA is on fire right, jumping from a low of $0.65 all the way to $1.11 in a matter of hours. That's a dramatic reversal and the chart has some important things to say.
The momentum readings (RSI) are sitting between 78–90, meaning this thing is running very hot. A short pullback to cool off wouldn't be surprising at all. Price has also blown clean above its upper Bollinger Band at $0.95 think of that as a speed limit the price just blew right past.
Here's my honest take: The easy money on this move has likely already been made.
Don't chase the spike. Instead, watch for a calm, steady pullback toward the $0.95–$1.00 range. If price holds there with lower volume, that's a much healthier place to consider entering for the next potential leg up.
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🚀 $ORCA Just Surged 42% Here's What the Chart Is Telling Us
$ORCA is on fire right, jumping from a low of $0.65 all the way to $1.11 in a matter of hours. That's a dramatic reversal and the chart has some important things to say.
The momentum readings (RSI) are sitting between 78–90, meaning this thing is running very hot. A short pullback to cool off wouldn't be surprising at all. Price has also blown clean above its upper Bollinger Band at $0.95 think of that as a speed limit the price just blew right past.
Here's my honest take: The easy money on this move has likely already been made.
Don't chase the spike. Instead, watch for a calm, steady pullback toward the $0.95–$1.00 range. If price holds there with lower volume, that's a much healthier place to consider entering for the next potential leg up.
Let the price come to you. Patience is free. 🌊
#ORCA #GateIO #Crypto #tradingTips #BuyTheDipOrWaitNow?