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Wait, what just happened here?
$ORCA went from absolute ghost town vibes to a full blown vertical moon mission in less than 48 hours. We’ve been ranging forever near that 0.80 level and then boom, volume finally woke up.
Looking at the daily candle, we spiked all the way to 2.11 but the rejection was just as fast. Right now it’s sitting at 1.54 trying to find its feet.
The wick on that top is nasty though. Usually when you see a rejection like that, we need to see if it can hold this 1.30 to 1.40 zone as new support. If it holds, we might get a second leg up to retest the highs. If not, this was just a massive exit pump for the whales.
Keep an eye on the volume. If it starts drying up here, the gravity is going to be painful. Stay sharp.
#TopCopyTradingScout