$ORCA Signal | Pullback with multiple entries, short squeeze logic


Market buy-side order depth accounts for 62%, sell orders are sparse, funding rate is -0.14% with short positions increasing in cost.
4H MACD bars continue to expand, but price is approaching the Bollinger upper band at 2.035.
1H volume is declining, showing clear signs of consolidation at high levels, with a short-term pullback expected.
🎯Direction: Long (pullback entry)
⚡Entry/Order: 1.904 - 1.963
🛑Stop Loss: 1.461
🚀Target 1: 2.190
🚀Target 2: 2.433
🛡️Trade management: - Execute strategy: after reaching Target 1, reduce position by 50%, and move stop loss to breakeven.
If price falls back into the entry zone, automatically exit to protect capital.
Depth logic: Negative funding rate combined with buy-side depth advantage, short covering momentum is sufficient.
However, 1H RSI at 63.92 has not yet entered overbought territory.
If price pulls back to the 1.90-1.96 zone, it can be seen as confirmation of support at the 4H midline, with risk-reward still acceptable.
View real-time market 👇 $ORCA
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