Keeping an eye on $ORCA /USDT for a potential contrarian long setup 👀

Trade Plan:

Entry Zone: 0.9447 – 0.9498

Stop Loss: 0.9228

Targets:

TP1: 0.9655

TP2: 0.9777

TP3: 0.9960

A lot of traders are calling a market bottom, but the 1D chart still looks somewhat weak, so this isn’t the clearest trend reversal yet. However, the lower timeframes are starting to flip bullish, suggesting a possible short-term opportunity.

On the 15-minute chart, RSI is sitting around 68, showing healthy buying pressure without being heavily overbought. If buyers keep momentum, price could push toward the 0.97 – 0.99 zone.

The real question now:

Is this the start of a true reversal, or just a relief bounce before another move down? 🤔

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ORCA
ORCAUSDT
0.959
+2.34%