ORCA is currently testing a resistance zone at 2.940 USDT, an area where selling pressure has historically emerged. Price action indicates a potential rejection, setting up a possible short trade targeting lower support levels.
📌 Futures Trading Levels:
Entry Zone: 2.920 - 2.940 – short positions could be considered upon confirmation of rejection.
Stop-Loss: 3.075 – placed above resistance to limit risk exposure.
Take-Profit Targets:
First TP: 2.79
Second TP: 2.665
Third TP: 2.51
This structure aligns with futures trading principles while maintaining risk management. Let me know if you’d like further refinements! 🚀📊
📌 Futures Trading Levels:
Entry Zone: 2.920 - 2.940 – short positions could be considered upon confirmation of rejection.
Stop-Loss: 3.075 – placed above resistance to limit risk exposure.
Take-Profit Targets:
First TP: 2.79
Second TP: 2.665
Third TP: 2.51
This structure aligns with futures trading principles while maintaining risk management. Let me know if you’d like further refinements! 🚀📊
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.