SMART MONEYCOINBASE:ORCAUSD
ORCA had a nice rally up from its previous LPS event showing its strength, bolting on a 10X plus.
It looks to be sitting at the next LPS event (right at accumulation resistance); this is where smart money starts coming in.
It could retrace deeper: I have the 1:1 extension window that signifies strong support with the 1:13 overshoot. And slightly under the overshoot is the POC. There is a chance that it does not hit that support structure, but never impossible.
This is a DeFi token, and DeFi is a strong narrative this cycle. However: This token is built on the Solana blockchain rather than Ethereum, so the pump action is more likely to rhyme with Solana pumps than Ethereum.
-Not Financial Advice-