ORCAUSDT at Key Trendline: Big Move Loading!ORCAUSDT has been trading under a clear descending trendline resistance since late 2024, with multiple failed breakout attempts marked by sharp rejections. This trendline has consistently acted as a strong supply zone, pushing prices lower each time it was tested.
Key Points:
-Trend Resistance: Price is once again testing the long-term descending trendline. This level has rejected rallies multiple times in the past (January, March, May, and early August 2025).
-Volume Pickup: Recent price action shows increasing bullish volume, suggesting growing buying pressure as the resistance level is approached.
-Potential Breakout Setup: A strong daily close above $2.90 could signal a confirmed breakout, flipping long-term resistance into support.
Upside Target: If a breakout is confirmed, we could expect a 50%-200% move coming weeks
Risk Factor: A rejection from this zone could see price revisit support at $2.20–$2.00 before any renewed attempt higher.
Buy Level: Above $2.90 (After daily breakout)
ORCA is at a crucial decision point. This is the fifth test of the descending trendline since early 2025; a breakout now could trigger a significant bullish move, while another rejection may extend the consolidation phase.
Cheers
Hexa
